Banco Santander, S.A. (OTCMKTS:BCDRF) Sees Large Decrease in Short Interest

Banco Santander, S.A. (OTCMKTS:BCDRF) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 1,378,765 shares, a drop of 15.5% from the November 30th total of 1,632,285 shares. Based on an average daily volume of 40,439 shares, the short-interest ratio is currently 34.1 days. Based on an average daily volume of 40,439 shares, the short-interest ratio is currently 34.1 days.

Banco Santander Stock Up 3.9%

Shares of BCDRF stock opened at $11.74 on Wednesday. Banco Santander has a 52-week low of $4.30 and a 52-week high of $12.13. The company has a 50-day simple moving average of $10.86 and a two-hundred day simple moving average of $9.85.

About Banco Santander

Banco Santander is a Spanish multinational financial institution founded in 1857 and headquartered in Santander, Spain. Over more than 160 years of operation, the bank has evolved into one of Europe’s largest banking groups, combining its historical roots with a strategy focused on international expansion and technological innovation.

The company’s core activities span retail and commercial banking, corporate and investment banking, and private banking. Santander offers a full suite of financial products and services, including deposit accounts, personal and business loans, mortgages, credit and debit cards, insurance solutions, wealth management, and leasing and factoring services.