Merchants Bancorp (NASDAQ:MBINO – Get Free Report)’s share price was up 0.1% on Monday . The stock traded as high as $25.41 and last traded at $25.38. Approximately 26,201 shares changed hands during trading, an increase of 131% from the average daily volume of 11,318 shares. The stock had previously closed at $25.36.
Merchants Bancorp Stock Up 0.1 %
The firm’s 50 day moving average is $25.19 and its two-hundred day moving average is $24.95.
About Merchants Bancorp
Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities.
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