Short Interest in Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Rises By 267.8%

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 2,669,100 shares, a growth of 267.8% from the May 15th total of 725,600 shares. Based on an average trading volume of 100 shares, the short-interest ratio is presently 26,691.0 days.

Banca Monte dei Paschi di Siena Stock Performance

Banca Monte dei Paschi di Siena stock remained flat at $5.50 during midday trading on Friday. Banca Monte dei Paschi di Siena has a 1 year low of $2.65 and a 1 year high of $5.50. The stock’s fifty day simple moving average is $5.06 and its two-hundred day simple moving average is $3.91.

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.