Banco Santander, S.A. (OTCMKTS:BCDRF) Sees Large Drop in Short Interest

Banco Santander, S.A. (OTCMKTS:BCDRF) saw a large decrease in short interest during the month of February. As of February 15th, there was short interest totalling 2,563,100 shares, a decrease of 47.9% from the January 31st total of 4,921,000 shares. Based on an average trading volume of 7,900 shares, the days-to-cover ratio is currently 324.4 days.

Banco Santander Stock Performance

Banco Santander stock traded down $0.08 during mid-day trading on Friday, hitting $6.37. The company’s stock had a trading volume of 84,190 shares, compared to its average volume of 18,364. The company has a 50 day moving average of $5.24 and a 200-day moving average of $4.98. Banco Santander has a one year low of $4.14 and a one year high of $6.65.

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.