BDO Unibank, Inc. (OTCMKTS:BDOUY) Short Interest Down 44.4% in May

BDO Unibank, Inc. (OTCMKTS:BDOUY) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 110,618 shares, a decrease of 44.4% from the May 14th total of 199,051 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 118,745 shares, the short-interest ratio is currently 0.9 days.

BDO Unibank Price Performance

Shares of BDO Unibank stock opened at $19.90 on Monday. BDO Unibank has a 1 year low of $18.39 and a 1 year high of $29.64. The firm’s 50-day moving average is $19.54 and its two-hundred day moving average is $21.50. The stock has a market cap of $10.62 billion and a price-to-earnings ratio of 0.34.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of BDO Unibank to a “hold” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, BDO Unibank currently has a consensus rating of “Hold”.

About BDO Unibank

BDO Unibank, Inc (OTCMKTS: BDOUY) is a universal bank in the Philippines providing a full range of banking and financial services to retail, corporate, and institutional clients. As one of the country’s largest banks by assets, BDO offers commercial banking, lending, deposit products, credit cards, cash management, and remittance services. The bank also delivers specialized solutions in corporate finance, project finance, and agricultural lending.

In addition to core banking operations, BDO maintains robust treasury and trust divisions that handle foreign exchange, money market transactions, and fiduciary services.