Short Interest in Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Decreases By 31.8%

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 2,443,200 shares, a drop of 31.8% from the August 15th total of 3,582,100 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 8,144.0 days.

Banca Monte dei Paschi di Siena Price Performance

Shares of BMDPF stock remained flat at $5.46 during trading on Monday. Banca Monte dei Paschi di Siena has a one year low of $2.65 and a one year high of $5.94. The business’s 50 day moving average is $5.39 and its 200 day moving average is $4.92.

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.