Malaga Financial Corp. (OTCMKTS:MLGF) Sees Significant Decline in Short Interest

Malaga Financial Corp. (OTCMKTS:MLGF) was the recipient of a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 157 shares, a decrease of 37.2% from the January 29th total of 250 shares. Based on an average trading volume of 5,309 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 5,309 shares, the days-to-cover ratio is currently 0.0 days.

Malaga Financial Trading Up 0.1%

Shares of OTCMKTS MLGF opened at $22.02 on Monday. Malaga Financial has a 1-year low of $19.10 and a 1-year high of $23.40. The company has a 50-day moving average of $21.68 and a two-hundred day moving average of $21.46. The company has a market cap of $218.00 million, a PE ratio of 10.11 and a beta of 0.08.

Malaga Financial (OTCMKTS:MLGF) last issued its quarterly earnings results on Friday, January 30th. The company reported $0.52 earnings per share for the quarter.

About Malaga Financial

Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking products and services to personal and business customers. It offers checking, savings, NOW, and money market accounts, certificates of deposits, business banking, consumer, and demand deposits. The company also provides commercial real estate, single and multi-family residential mortgage, consumer, 14-unit investment property, construction, personal, and business loans; home equity lines of credit; and certificates of deposit.