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 November. As of November 15th, there was short interest totalling 1,097,200 shares, an increase of 86.4% from the October 31st total of 588,500 shares. Based on an average daily trading volume, of 8,200 shares, the short-interest ratio is currently 133.8 days.

Banco Santander Stock Performance

Banco Santander stock traded up $0.05 during trading hours on Friday, reaching $4.45. 84,890 shares of the company’s stock traded hands, compared to its average volume of 28,574. The firm’s 50 day moving average is $4.87 and its 200-day moving average is $4.88. Banco Santander has a fifty-two week low of $3.60 and a fifty-two 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.