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

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF – Get Rating) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totalling 131,400 shares, a drop of 89.0% from the June 30th total of 1,189,400 shares. Based on an average trading volume of 3,800 shares, the days-to-cover ratio is currently 34.6 days.

Banca Monte dei Paschi di Siena Stock Performance

Shares of BMDPF opened at $0.39 on Thursday. The stock has a 50-day moving average price of $0.69 and a 200-day moving average price of $0.91. Banca Monte dei Paschi di Siena has a 12-month low of $0.39 and a 12-month high of $1.40.

About Banca Monte dei Paschi di Siena

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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.