National Bank of Greece S.A. (OTCMKTS:NBGIF) Shares Shorted: Short Interest Up 470.6% in September

National Bank of Greece S.A. (OTCMKTS:NBGIF) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 16,415 shares, an increase of 470.6% from the September 15th total of 2,877 shares. Based on an average daily volume of 1,576 shares, the days-to-cover ratio is currently 10.4 days.

National Bank of Greece Stock Down 1.0%

Shares of NBGIF traded down $0.17 during midday trading on Friday, reaching $18.07. 119 shares of the stock were exchanged, compared to its average volume of 3,094. National Bank of Greece has a 12-month low of $12.95 and a 12-month high of $20.95. The firm has a 50 day simple moving average of $19.34 and a 200-day simple moving average of $17.68.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of National Bank of Greece in a report on Friday, September 4th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, National Bank of Greece has an average rating of “Moderate Buy”.

About National Bank of Greece

National Bank of Greece SA is a financial services group headquartered in Athens, Greece. Founded in 1841, it is one of the country’s oldest banking institutions and provides banking products and services to individuals, businesses and institutional customers.

The bank’s activities include retail and commercial banking, corporate and investment banking, private banking, asset management, payments and electronic banking. Its offerings include deposit accounts, consumer and mortgage lending, business financing, cash-management services, investment products and other financial solutions.

National Bank of Greece primarily serves customers in Greece through its branch and digital banking network, while also maintaining selected international operations and partnerships.