Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Short Interest Down 29.6% in December

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) saw a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 7,298,735 shares, a decline of 29.6% from the December 15th total of 10,373,383 shares. Based on an average daily volume of 970 shares, the short-interest ratio is currently 7,524.5 days. Based on an average daily volume of 970 shares, the short-interest ratio is currently 7,524.5 days.

Banca Monte dei Paschi di Siena Price Performance

BMDPF opened at $10.60 on Friday. The business has a 50 day simple moving average of $9.97 and a 200-day simple moving average of $9.21. Banca Monte dei Paschi di Siena has a 12 month low of $6.17 and a 12 month high of $11.29.

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.