Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Sees Large Increase in Short Interest

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 2,398,200 shares, a growth of 23.3% from the November 30th total of 1,945,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 23,982.0 days.

Banca Monte dei Paschi di Siena Price Performance

BMDPF stock remained flat at $6.07 during mid-day trading on Friday. The company’s fifty day moving average is $5.93 and its 200-day moving average is $5.52. Banca Monte dei Paschi di Siena has a 1 year low of $3.60 and a 1 year high of $6.50.

Banca Monte dei Paschi di Siena Company Profile

Banca Monte dei Paschi di Siena S.p.A. provides retail and commercial banking services in Italy. The company operates through Retail Banking, Corporate Banking, Wealth Management, and Large Corporate and Investment Banking segments. It offers funding and lending services, insurance products, financial advisory, and electronic payment services; financial and non-financial services; wealth management and financial planning services; consultancy services, such as tax planning, real estate, art, and legal advisory; fiduciary and trust services; and digital banking services.