Banco Santander, S.A. (OTCMKTS:BCDRF) Short Interest Up 64.8% in October

Banco Santander, S.A. (OTCMKTS:BCDRF) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 588,500 shares, a growth of 64.8% from the October 15th total of 357,100 shares. Based on an average trading volume of 25,700 shares, the days-to-cover ratio is presently 22.9 days.

Banco Santander Price Performance

OTCMKTS:BCDRF traded up $0.37 during trading hours on Friday, hitting $4.85. 3,710 shares of the company traded hands, compared to its average volume of 29,688. Banco Santander has a twelve month low of $3.60 and a twelve month high of $5.45. The firm has a 50-day moving average of $4.92 and a 200 day moving average of $4.90.

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.