Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Short Interest Up 32.7% in December

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 10,373,383 shares, a growth of 32.7% from the November 30th total of 7,816,521 shares. Based on an average daily trading volume, of 8,332 shares, the days-to-cover ratio is presently 1,245.0 days. Based on an average daily trading volume, of 8,332 shares, the days-to-cover ratio is presently 1,245.0 days.

Banca Monte dei Paschi di Siena Price Performance

Banca Monte dei Paschi di Siena stock opened at $10.05 on Wednesday. The firm has a fifty day moving average price of $9.46 and a two-hundred day moving average price of $9.03. Banca Monte dei Paschi di Siena has a fifty-two week low of $6.17 and a fifty-two week high of $10.30.

Banca Monte dei Paschi di Siena Company Profile

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.