Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Short Interest Update

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 9,355,731 shares, a growth of 22.3% from the January 15th total of 7,649,430 shares. Based on an average daily trading volume, of 9,728 shares, the days-to-cover ratio is currently 961.7 days. Based on an average daily trading volume, of 9,728 shares, the days-to-cover ratio is currently 961.7 days.

Banca Monte dei Paschi di Siena Stock Down 1.6%

OTCMKTS BMDPF opened at $9.89 on Thursday. The stock has a 50-day moving average of $10.31 and a two-hundred day moving average of $9.55. Banca Monte dei Paschi di Siena has a 1-year low of $6.80 and a 1-year high of $11.29.

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.