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

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) saw a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 3,280,300 shares, a growth of 5.1% from the October 15th total of 3,119,800 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 10,934.3 days.

Banca Monte dei Paschi di Siena Price Performance

Shares of BMDPF opened at $5.80 on Tuesday. Banca Monte dei Paschi di Siena has a twelve month low of $3.60 and a twelve month high of $6.50. The firm has a fifty day simple moving average of $5.54 and a two-hundred day simple moving average of $5.36.

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.