Kandal M Venture Limited (NASDAQ:FMFC – Get Free Report) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 48,856 shares, a decline of 58.6% from the July 15th total of 118,148 shares. Based on an average daily volume of 16,173,941 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.3% of the shares of the company are sold short.
Hedge Funds Weigh In On Kandal M Venture
Hedge funds have recently added to or reduced their stakes in the stock. Millennium Management LLC acquired a new stake in shares of Kandal M Venture during the 3rd quarter worth $250,000. BNP Paribas Financial Markets bought a new stake in Kandal M Venture during the third quarter worth $454,000. Finally, JPMorgan Chase & Co. acquired a new stake in Kandal M Venture in the third quarter valued at about $905,000.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings raised shares of Kandal M Venture from a “sell (d-)” rating to a “sell (d)” rating in a report on Wednesday, July 1st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.
Kandal M Venture Trading Up 1.9%
Shares of FMFC stock traded up $0.00 on Friday, hitting $0.24. The company’s stock had a trading volume of 338,191 shares, compared to its average volume of 11,535,675. The stock’s 50 day moving average is $0.29 and its 200-day moving average is $0.36. Kandal M Venture has a fifty-two week low of $0.20 and a fifty-two week high of $15.75.
Kandal M Venture Company Profile
First M&F Corporation is a one-bank holding company. The Company engages in the banking business through its wholly owned subsidiary, Merchants and Farmers Bank of Kosciusko (the Bank) in the states of Mississippi, Tennessee, Alabama and Florida. The Bank offers a range of commercial and consumer services at its main office and two branches in Kosciusko and its branches within central and north Mississippi, including Ackerman, Brandon, Bruce, Canton, Cleveland, Clinton, Durant, Flowood, Grenada, Madison, Olive Branch, Oxford, Pearl, Philadelphia, Ridgeland, Southaven, Starkville, and Tupelo.
See Also
- Five stocks we like better than Kandal M Venture
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Kandal M Venture Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kandal M Venture and related companies with MarketBeat.com's FREE daily email newsletter.
