Short Interest in Banco Santander, S.A. (OTCMKTS:BCDRF) Increases By 448.7%

Banco Santander, S.A. (OTCMKTS:BCDRF) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 10,975,846 shares, an increase of 448.7% from the January 29th total of 2,000,357 shares. Based on an average daily trading volume, of 7,147,160 shares, the short-interest ratio is presently 1.5 days. Based on an average daily trading volume, of 7,147,160 shares, the short-interest ratio is presently 1.5 days.

Banco Santander Stock Performance

OTCMKTS BCDRF opened at $12.77 on Thursday. Banco Santander has a 52 week low of $5.48 and a 52 week high of $13.42. The business has a 50 day moving average price of $12.29 and a 200-day moving average price of $10.96.

Banco Santander Company Profile

Banco Santander is a Spanish multinational financial institution founded in 1857 and headquartered in Santander, Spain. Over more than 160 years of operation, the bank has evolved into one of Europe’s largest banking groups, combining its historical roots with a strategy focused on international expansion and technological innovation.

The company’s core activities span retail and commercial banking, corporate and investment banking, and private banking. Santander offers a full suite of financial products and services, including deposit accounts, personal and business loans, mortgages, credit and debit cards, insurance solutions, wealth management, and leasing and factoring services.