Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Short Interest Up 137.6% in May

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF – Get Rating) saw a large growth in short interest in May. As of May 15th, there was short interest totalling 1,722,500 shares, a growth of 137.6% from the April 30th total of 725,100 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 17,225.0 days.

Shares of BMDPF opened at $0.83 on Friday. Banca Monte dei Paschi di Siena has a twelve month low of $0.83 and a twelve month high of $1.80. The stock’s 50 day moving average is $0.99 and its two-hundred day moving average is $1.04.

Separately, Deutsche Bank Aktiengesellschaft raised Banca Monte dei Paschi di Siena from a “sell” rating to a “hold” rating in a report on Thursday, February 24th.

Banca Monte dei Paschi di Siena Company Profile (Get Rating)

Banca Monte dei Paschi di Siena S.p.A. provides retail and commercial banking services primarily in Italy. The company operates through Retail Banking, Corporate Banking, and Wealth Management 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.

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