What’s Propelling BANCA MONTE DEI PASCHI DI SIENA SPA ORDI (OTCMKTS:BMDPF) After Higher Shorts Reported?

May 18, 2018 - By Margarite Burden

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) Logo

The stock of BANCA MONTE DEI PASCHI DI SIENA SPA ORDI (OTCMKTS:BMDPF) registered an increase of 0.64% in short interest. BMDPF’s total short interest was 5.12 million shares in May as published by FINRA. Its up 0.64% from 5.09M shares, reported previously. With 100 shares average volume, it will take short sellers 51205 days to cover their BMDPF’s short positions.

The stock decreased 7.44% or $0.29 during the last trading session, reaching $3.61. About shares traded. Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

Banca Monte dei Paschi di Siena S.p.A. provides retail and commercial banking services. The company has market cap of $4.76 billion. The firm offers funding and lending services, insurance products, and financial and non-financial services to retail customers; electronic payment services; services and products in the areas of wealth management, financial planning, and consultancy on financial services, such as tax planning, real estate, art, and legal advisory; fiduciary and trust services; and digital services. It currently has negative earnings. It also provides leasing and factoring services for businesses, artisans, and professionals; and mid-and long-term credit facilities, corporate finance, capital markets, and structured finance services.

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