Banco Santander, S.A. (OTCMKTS:BCDRF) Short Interest Up 42.8% in January

Banco Santander, S.A. (OTCMKTS:BCDRF) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 1,723,508 shares, a growth of 42.8% from the December 31st total of 1,207,316 shares. Based on an average daily volume of 104,706 shares, the days-to-cover ratio is presently 16.5 days. Based on an average daily volume of 104,706 shares, the days-to-cover ratio is presently 16.5 days.

Banco Santander Trading Down 2.7%

Shares of OTCMKTS BCDRF opened at $12.63 on Friday. Banco Santander has a 12-month low of $4.88 and a 12-month high of $13.34. The stock has a 50 day simple moving average of $11.75 and a 200-day simple moving average of $10.48.

Banco Santander Company Profile

Banco Santander is a Spanish multinational financial institution founded in 1857 and headquartered in Santander, Spain. Over more than 160 years of operation, the bank has evolved into one of Europe’s largest banking groups, combining its historical roots with a strategy focused on international expansion and technological innovation.

The company’s core activities span retail and commercial banking, corporate and investment banking, and private banking. Santander offers a full suite of financial products and services, including deposit accounts, personal and business loans, mortgages, credit and debit cards, insurance solutions, wealth management, and leasing and factoring services.