Short Interest in Banco Santander, S.A. (OTCMKTS:BCDRF) Drops By 10.9%

Banco Santander, S.A. (OTCMKTS:BCDRF) was the target of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 665,400 shares, a drop of 10.9% from the May 31st total of 746,600 shares. Based on an average daily trading volume, of 112,400 shares, the days-to-cover ratio is currently 5.9 days.

Banco Santander Stock Performance

BCDRF opened at $4.80 on Wednesday. The business has a 50 day moving average of $4.99 and a 200-day moving average of $4.51. Banco Santander has a 52 week low of $3.40 and a 52 week high of $5.45.

About Banco Santander

Banco Santander, SA provides various financial services worldwide. The company operates through Retail Banking, Santander Corporate & Investment Banking, Wealth Management & Insurance, and PagoNxt segments. It offers demand and time deposits, mutual funds, and current and savings accounts; mortgages, consumer finance, loans, and various financing solutions; and project finance, debt capital markets, global transaction banking, and corporate finance services.