Banco Santander, S.A. (OTCMKTS:BCDRF) Sees Significant Growth in Short Interest

Banco Santander, S.A. (OTCMKTS:BCDRF) was the target of a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 588,500 shares, an increase of 64.8% from the October 15th total of 357,100 shares. Based on an average daily volume of 25,700 shares, the days-to-cover ratio is currently 22.9 days.

Banco Santander Trading Up 3.9 %

Shares of BCDRF opened at $4.90 on Wednesday. Banco Santander has a 52-week low of $3.60 and a 52-week high of $5.45. The company has a 50-day simple moving average of $4.93 and a 200-day simple moving average of $4.91.

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.