Bendigo and Adelaide Bank Limited (OTCMKTS:BXRBF) Sees Significant Increase in Short Interest

Bendigo and Adelaide Bank Limited (OTCMKTS:BXRBF) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 2,833,800 shares, a growth of 39.9% from the February 13th total of 2,026,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Bendigo and Adelaide Bank Stock Performance

OTCMKTS BXRBF opened at $6.30 on Monday. Bendigo and Adelaide Bank has a 1 year low of $5.56 and a 1 year high of $6.30. The company’s 50 day simple moving average is $6.30 and its two-hundred day simple moving average is $6.30.

Bendigo and Adelaide Bank Company Profile

Bendigo and Adelaide Bank Limited provides banking and financial products and services to retail customers and small to medium sized businesses in Australia. The company operates through Consumer, Business and Agribusiness, and Corporate segments. It offers a range of products and services, including personal and business banking, financial planning, commercial mortgages and unsecured loans, investment products, insurance, and superannuation.