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

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 3,079,100 shares, a growth of 28.4% from the December 31st total of 2,398,200 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 30,791.0 days.

Banca Monte dei Paschi di Siena Stock Performance

Shares of OTCMKTS:BMDPF remained flat at $6.61 during trading on Thursday. The business has a 50 day moving average of $6.36 and a two-hundred day moving average of $5.82. Banca Monte dei Paschi di Siena has a 1 year low of $3.73 and a 1 year high of $7.24.

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.