Short Interest in Banco Santander, S.A. (OTCMKTS:BCDRF) Expands By 262.8%

Banco Santander, S.A. (OTCMKTS:BCDRF) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 2,413,900 shares, an increase of 262.8% from the June 15th total of 665,400 shares. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is presently 409.1 days.

Banco Santander Stock Performance

OTCMKTS:BCDRF traded down $0.29 during trading hours on Thursday, reaching $4.66. The stock had a trading volume of 589 shares, compared to its average volume of 53,268. Banco Santander has a 52 week low of $3.40 and a 52 week high of $5.45. The company has a 50 day moving average price of $4.95 and a two-hundred day moving average price of $4.54.

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.