Short Interest in Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) Drops By 52.1%

Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 80,065 shares, a decline of 52.1% from the November 30th total of 167,031 shares. Based on an average trading volume of 98,249 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 98,249 shares, the days-to-cover ratio is presently 0.8 days.

Piraeus Financial Stock Performance

Shares of BPIRY stock opened at $9.00 on Friday. Piraeus Financial has a one year low of $3.95 and a one year high of $10.65. The firm’s 50 day moving average price is $8.14 and its 200-day moving average price is $7.93.

About Piraeus Financial

Piraeus Financial (OTCMKTS:BPIRY) is an American depositary receipt program representing shares of Piraeus Bank SA, a leading banking group headquartered in Athens, Greece. Through its ADR listing, the company offers international investors access to the equity of a bank that serves a broad client base across retail, corporate and institutional segments.

The group’s core business activities encompass retail banking products such as deposit accounts, mortgages, personal and auto loans, as well as credit and debit card services.