Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Sees Large Increase in Short Interest

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the target of a large increase in short interest in October. As of October 31st, there was short interest totalling 3,280,300 shares, an increase of 5.1% from the October 15th total of 3,119,800 shares. Based on an average daily volume of 300 shares, the short-interest ratio is presently 10,934.3 days.

Banca Monte dei Paschi di Siena Price Performance

Shares of BMDPF stock opened at $6.50 on Wednesday. The business’s 50-day moving average price is $5.56 and its 200-day moving average price is $5.37. Banca Monte dei Paschi di Siena has a 12 month low of $3.60 and a 12 month high of $6.50.

Banca Monte dei Paschi di Siena Company Profile

Banca Monte dei Paschi di Siena S.p.A. provides retail and commercial banking services in Italy. The company operates through Retail Banking, Corporate Banking, Wealth Management, and Large Corporate and Investment Banking segments. It offers funding and lending services, insurance products, financial advisory, and electronic payment services; financial and non-financial services; wealth management and financial planning services; consultancy services, such as tax planning, real estate, art, and legal advisory; fiduciary and trust services; and digital banking services.