Bendigo and Adelaide Bank Limited (OTCMKTS:BXRBF) Sees Significant Decrease in Short Interest

Bendigo and Adelaide Bank Limited (OTCMKTS:BXRBF) saw a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 2,027,800 shares, a decrease of 28.4% from the February 28th total of 2,833,800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 20,278.0 days.

Bendigo and Adelaide Bank Price Performance

Shares of BXRBF remained flat at $6.30 during trading hours on Monday. The firm’s 50-day simple moving average is $6.30 and its 200-day simple moving average is $6.30. Bendigo and Adelaide Bank has a twelve month low of $5.56 and a twelve month high of $6.30.

About Bendigo and Adelaide Bank

Bendigo and Adelaide Bank Limited provides banking and financial products and services to retail customers and small to medium sized businesses in Australia. The company operates through Consumer, Business and Agribusiness, and Corporate segments. It offers a range of products and services, including personal and business banking, financial planning, commercial mortgages and unsecured loans, investment products, insurance, and superannuation.