Short Interest in Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Grows By 32.7%

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 10,373,383 shares, a growth of 32.7% from the November 30th total of 7,816,521 shares. Based on an average daily volume of 8,332 shares, the days-to-cover ratio is currently 1,245.0 days. Based on an average daily volume of 8,332 shares, the days-to-cover ratio is currently 1,245.0 days.

Banca Monte dei Paschi di Siena Price Performance

OTCMKTS BMDPF opened at $10.05 on Tuesday. Banca Monte dei Paschi di Siena has a 12 month low of $6.17 and a 12 month high of $10.30. The stock has a 50 day moving average of $9.42 and a 200-day moving average of $9.02.

About Banca Monte dei Paschi di Siena

Banca Monte dei Paschi di Siena (OTCMKTS: BMDPF) is one of Italy’s most historic banking institutions, tracing its origins back to 1472 in the city of Siena. As one of the oldest continuously operating banks in the world, it has played a central role in Italy’s financial history and has evolved into a full-service commercial banking group.

The bank’s core business activities span retail and corporate banking, including deposit-taking, payment services, consumer and mortgage lending, and working capital solutions.