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 recipient of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 9,355,731 shares, an increase of 22.3% from the January 15th total of 7,649,430 shares. Based on an average daily volume of 9,728 shares, the short-interest ratio is presently 961.7 days. Based on an average daily volume of 9,728 shares, the short-interest ratio is presently 961.7 days.

Banca Monte dei Paschi di Siena Stock Performance

OTCMKTS BMDPF opened at $9.89 on Wednesday. The firm’s fifty day moving average is $10.29 and its two-hundred day moving average is $9.55. Banca Monte dei Paschi di Siena has a one year low of $6.80 and a one 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.