Short Interest in Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Grows By 78.2%

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 6,251,400 shares, an increase of 78.2% from the January 31st total of 3,507,800 shares. Based on an average daily trading volume, of 1,800 shares, the days-to-cover ratio is currently 3,473.0 days.

Banca Monte dei Paschi di Siena Price Performance

BMDPF stock traded down $0.07 during trading on Friday, hitting $7.28. 153 shares of the company’s stock were exchanged, compared to its average volume of 1,528. The business has a 50-day moving average price of $6.58 and a two-hundred day moving average price of $6.02. Banca Monte dei Paschi di Siena has a 52-week low of $4.39 and a 52-week high of $7.40.

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.