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

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPFGet Free Report) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 12,625,364 shares, a growth of 34.9% from the January 29th total of 9,355,731 shares. Based on an average daily trading volume, of 6,715 shares, the days-to-cover ratio is presently 1,880.2 days. Based on an average daily trading volume, of 6,715 shares, the days-to-cover ratio is presently 1,880.2 days.

Banca Monte dei Paschi di Siena Stock Performance

BMDPF stock opened at $9.62 on Wednesday. The company’s 50 day moving average price is $10.34 and its 200 day moving average price is $9.62. Banca Monte dei Paschi di Siena has a fifty-two week low of $7.00 and a fifty-two week high of $11.29.

Banca Monte dei Paschi di Siena Company Profile

(Get Free Report)

Banca Monte dei Paschi di Siena (OTCMKTS: BMDPF) is one of Italy’s most historic banking institutions, tracing its origins back to 1472 in the city of Siena. As one of the oldest continuously operating banks in the world, it has played a central role in Italy’s financial history and has evolved into a full-service commercial banking group.

The bank’s core business activities span retail and corporate banking, including deposit-taking, payment services, consumer and mortgage lending, and working capital solutions.

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