Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF – Get Free Report) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 20,520,223 shares, a growth of 58.1% from the February 26th total of 12,975,683 shares. Based on an average daily trading volume, of 12,456 shares, the short-interest ratio is currently 1,647.4 days.
Banca Monte dei Paschi di Siena Stock Performance
OTCMKTS BMDPF traded down $0.02 during trading on Friday, hitting $8.81. 35,081 shares of the stock traded hands, compared to its average volume of 4,330. Banca Monte dei Paschi di Siena has a 12-month low of $7.53 and a 12-month high of $11.29. The firm has a 50-day simple moving average of $9.69 and a 200-day simple moving average of $9.52.
Banca Monte dei Paschi di Siena Company Profile
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.
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