Short Interest in Amundi S.A. (OTCMKTS:AMDUF) Decreases By 26.8%

Amundi S.A. (OTCMKTS:AMDUF) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 113,400 shares, a drop of 26.8% from the August 31st total of 154,900 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,134.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1,134.0 days.

Amundi Price Performance

Shares of OTCMKTS AMDUF opened at $80.95 on Thursday. The business has a fifty day simple moving average of $80.95 and a two-hundred day simple moving average of $75.89. Amundi has a twelve month low of $63.24 and a twelve month high of $80.95.

Wall Street Analyst Weigh In

Several research analysts have recently commented on AMDUF shares. Citigroup reaffirmed a “buy” rating on shares of Amundi in a research note on Friday, October 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Amundi in a research note on Monday, July 14th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

Amundi Company Profile

Amundi is a publically owned investment manager. The firm engages in the asset management business. The company provides a range of retail products and solutions through quasi-exclusive distribution agreements with the retail banking networks of the Crédit Agricole and the Société Générale groups in France; and through international partner networks and joint ventures outside France, as well as through third-party distributors primarily in France, rest of Europe, and Asia.