Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) Sees Large Decline in Short Interest

Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 44 shares, a decline of 78.9% from the June 30th total of 209 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Bank of Cyprus Holdings Public Price Performance

Shares of OTCMKTS:BKCYF opened at C$11.96 on Friday. The company has a 50 day moving average of C$11.91 and a 200 day moving average of C$11.07. Bank of Cyprus Holdings Public has a 12 month low of C$9.87 and a 12 month high of C$11.96.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Bank of Cyprus Holdings Public in a report on Friday, June 5th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy”.

About Bank of Cyprus Holdings Public

Bank of Cyprus Holdings Public (OTCMKTS:BKCYF) is the largest banking and financial services group in Cyprus, offering a comprehensive range of products to retail, corporate and institutional clients. The group’s core activities include deposit-taking, lending, trade finance, payments and cash management. It also provides wealth management, private banking, insurance brokerage and pension administration services through its fully owned subsidiaries.

Established in 1899 and headquartered in Nicosia, Bank of Cyprus has evolved into a universal bank with a strong local franchise and a selective international presence.