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

Banco Santander, S.A. (OTCMKTS:BCDRF) was the target of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 765,300 shares, a drop of 45.2% from the May 15th total of 1,397,400 shares. Based on an average trading volume of 84,700 shares, the short-interest ratio is currently 9.0 days.

Banco Santander Stock Down 2.3%

BCDRF opened at $8.15 on Friday. Banco Santander has a 12 month low of $4.14 and a 12 month high of $8.46. The firm’s fifty day simple moving average is $7.43 and its 200 day simple moving average is $6.22.

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.