Short Interest in Banco BPM S.p.A. (OTCMKTS:BNCZF) Decreases By 19.3%

Banco BPM S.p.A. (OTCMKTS:BNCZF) was the recipient of a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 4,171,800 shares, a decline of 19.3% from the December 31st total of 5,168,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 41,718.0 days.

Banco BPM Price Performance

Banco BPM stock remained flat at $10.35 during trading hours on Thursday. The company’s fifty day simple moving average is $8.13 and its two-hundred day simple moving average is $6.85. Banco BPM has a 12-month low of $6.61 and a 12-month high of $10.35.

Banco BPM Company Profile

Banco BPM S.p.A., together with its subsidiaries, provides banking and financial products and services to individual, business, and corporate customers in Italy. It offers current account and digital services; home, personal, heritage, multi-risk, and car and vehicle insurance; credit, debit, and prepaid cards; deposit paper; trading and mobile platform; web platform; home and subrogation mortgagees; long term car rental; personal loans; and mutual investment funds, insurance investment products, saving, and social security products.