Short Interest in Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Drops By 9.4%

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) saw a significant decrease in short interest in 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 volume of 700 shares, the days-to-cover ratio is currently 4,246.6 days.

Banca Monte dei Paschi di Siena Stock Performance

Shares of OTCMKTS BMDPF remained flat at $6.07 during mid-day trading on Tuesday. Banca Monte dei Paschi di Siena has a 12-month low of $3.60 and a 12-month high of $6.50. The firm’s 50-day simple moving average is $5.70 and its 200 day simple moving average is $5.44.

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.