Banco BBVA Argentina S.A. (NYSE:BBAR) Short Interest Update

Banco BBVA Argentina S.A. (NYSE:BBAR) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 1,190,000 shares, a decrease of 21.2% from the January 31st total of 1,510,000 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 872,100 shares, the days-to-cover ratio is currently 1.4 days.

Banco BBVA Argentina Stock Down 4.7 %

Shares of NYSE:BBAR traded down $0.88 during mid-day trading on Tuesday, hitting $17.83. 180,975 shares of the company traded hands, compared to its average volume of 875,444. The firm has a market cap of $3.64 billion, a P/E ratio of 9.26 and a beta of 1.41. Banco BBVA Argentina has a 52-week low of $6.35 and a 52-week high of $25.01. The firm’s 50 day simple moving average is $20.98 and its 200 day simple moving average is $16.08. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.99 and a current ratio of 0.99.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on BBAR. StockNews.com cut shares of Banco BBVA Argentina from a “buy” rating to a “hold” rating in a research report on Tuesday, December 24th. Morgan Stanley raised shares of Banco BBVA Argentina from an “underweight” rating to an “overweight” rating and set a $27.00 price target for the company in a research report on Monday, December 16th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. NorthRock Partners LLC purchased a new stake in Banco BBVA Argentina during the 3rd quarter worth $363,000. GSA Capital Partners LLP purchased a new stake in shares of Banco BBVA Argentina during the third quarter worth about $237,000. Mirabella Financial Services LLP acquired a new position in shares of Banco BBVA Argentina in the third quarter worth about $1,155,000. Sagil Capital LLP purchased a new position in Banco BBVA Argentina in the third quarter valued at about $2,131,000. Finally, Quantbot Technologies LP grew its stake in Banco BBVA Argentina by 694.6% during the 3rd quarter. Quantbot Technologies LP now owns 27,612 shares of the bank’s stock valued at $286,000 after purchasing an additional 24,137 shares in the last quarter.

About Banco BBVA Argentina

Banco BBVA Argentina SA provides various banking products and services to individuals and companies in Argentina. The company provides retail banking products and services, such as checking and savings accounts, time deposits, credit cards financing, consumer and pledge loans, mortgages, insurance, and investment products to individuals; and small and medium-sized companies products and services, including financing products, factoring, checking accounts, time deposits, transactional and payroll services, insurance, and investment products to private-sector companies.