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

Banco Santander, S.A. (OTCMKTS:BCDRF) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 720,000 shares, a drop of 34.4% from the November 15th total of 1,097,200 shares. Based on an average daily trading volume, of 32,400 shares, the days-to-cover ratio is presently 22.2 days.

Banco Santander Stock Performance

Shares of Banco Santander stock traded up $0.39 during trading on Friday, reaching $5.15. 5,540 shares of the stock were exchanged, compared to its average volume of 27,248. The stock’s fifty day moving average is $4.83 and its 200 day moving average is $4.85. Banco Santander has a 1 year low of $3.60 and a 1 year 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.