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

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 2,328,900 shares, a decline of 36.4% from the March 31st total of 3,662,700 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is presently 2,117.2 days.

Banca Monte dei Paschi di Siena Stock Performance

OTCMKTS BMDPF remained flat at $4.90 on Friday. The company’s 50 day simple moving average is $4.03 and its 200 day simple moving average is $3.27. Banca Monte dei Paschi di Siena has a 52-week low of $2.65 and a 52-week high of $5.00.

About Banca Monte dei Paschi di Siena

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.