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

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the target of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 3,297,700 shares, adeclineof38.1% from the July 15th total of 5,324,600 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 16,488.5 days. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 16,488.5 days.

Banca Monte dei Paschi di Siena Stock Performance

BMDPF opened at $9.02 on Thursday. The business has a fifty day simple moving average of $8.51 and a 200 day simple moving average of $8.08. Banca Monte dei Paschi di Siena has a 1 year low of $5.3670 and a 1 year high of $9.53.

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.