Short Interest in Banco Santander, S.A. (OTCMKTS:BCDRF) Increases By 54.2%

Banco Santander, S.A. (OTCMKTS:BCDRF) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 16,928,823 shares, a growth of 54.2% from the February 12th total of 10,975,846 shares. Based on an average daily volume of 4,408,390 shares, the short-interest ratio is currently 3.8 days. Based on an average daily volume of 4,408,390 shares, the short-interest ratio is currently 3.8 days.

Banco Santander Trading Up 1.3%

Shares of BCDRF opened at $11.00 on Friday. Banco Santander has a 52-week low of $5.48 and a 52-week high of $13.48. The business’s fifty day moving average is $12.27 and its 200-day moving average is $11.11.

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.