Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Short Interest Down 70.6% in May

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 5,709,045 shares, a decrease of 70.6% from the May 14th total of 19,422,823 shares. Based on an average daily volume of 1,858 shares, the days-to-cover ratio is presently 3,072.7 days.

Banco Comercial Português Stock Performance

Shares of BPCGF stock remained flat at $1.03 during mid-day trading on Thursday. The company’s stock had a trading volume of 2,644 shares, compared to its average volume of 1,381. The firm’s 50-day moving average price is $1.00 and its two-hundred day moving average price is $0.97. Banco Comercial Português has a 12 month low of $1.00 and a 12 month high of $1.12.

Banco Comercial Português Company Profile

Banco Comercial Português, SA operates as the largest private sector bank in Portugal, conducting a broad range of banking activities under the brand Millennium bcp. The bank serves individual customers, small and medium-sized enterprises and large corporate clients through a network of branches, online channels and partner points of sale. Its core services include deposit accounts, consumer and mortgage lending, payment cards and electronic banking.

Founded in 1985 during the privatization of state-owned banking assets, Banco Comercial Português has expanded beyond its domestic market.