Short Interest in Bank of Ireland Group plc (OTCMKTS:BKRIY) Declines By 81.6%

Bank of Ireland Group plc (OTCMKTS:BKRIY) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 6,534 shares, a decline of 81.6% from the April 15th total of 35,488 shares. Based on an average daily trading volume, of 62,675 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Bank of Ireland Group Stock Down 2.1%

Shares of BKRIY stock opened at $19.29 on Wednesday. The firm’s 50-day moving average is $18.70 and its 200-day moving average is $18.75. Bank of Ireland Group has a 52-week low of $12.65 and a 52-week high of $21.11.

Analyst Upgrades and Downgrades

Several brokerages have commented on BKRIY. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bank of Ireland Group in a research report on Monday, April 13th. Barclays raised shares of Bank of Ireland Group from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, April 15th. Zacks Research raised shares of Bank of Ireland Group to a “hold” rating in a report on Wednesday, April 29th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Bank of Ireland Group in a report on Thursday, May 7th. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Bank of Ireland Group Company Profile

Bank of Ireland Group (OTCMKTS:BKRIY) is a leading financial services provider headquartered in Dublin, Ireland. Established in 1783, the bank has grown to become one of the country’s largest banking institutions, offering a diverse range of products and services to retail, corporate and institutional clients. The group’s core operations include traditional retail banking, corporate and commercial banking, and wealth and asset management.

In the retail segment, Bank of Ireland provides deposit accounts, personal loans, credit cards, mortgages and insurance solutions to individual customers.