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

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 2,972,600 shares, a decrease of 9.4% from the October 31st total of 3,280,300 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is presently 4,246.6 days.

Banca Monte dei Paschi di Siena Stock Down 6.6 %

Banca Monte dei Paschi di Siena stock opened at $6.07 on Monday. The stock has a 50 day moving average of $5.68 and a two-hundred day moving average of $5.43. Banca Monte dei Paschi di Siena has a twelve month low of $3.60 and a twelve month high of $6.50.

About Banca Monte dei Paschi di Siena

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.