Banco Santander, S.A. (OTCMKTS:BCDRF) Sees Large Increase in Short Interest

Banco Santander, S.A. (OTCMKTS:BCDRF) saw a significant increase in short interest in September. As of September 30th, there was short interest totalling 617,300 shares, an increase of 35.5% from the September 15th total of 455,600 shares. Based on an average daily volume of 8,700 shares, the days-to-cover ratio is currently 71.0 days.

Banco Santander Price Performance

OTCMKTS BCDRF remained flat at $5.00 during trading hours on Monday. The company’s stock had a trading volume of 24 shares, compared to its average volume of 33,633. The stock has a 50 day moving average price of $4.85 and a 200-day moving average price of $4.93. Banco Santander has a 52 week low of $3.41 and a 52 week high of $5.45.

About Banco Santander

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.