Short Interest in Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) Rises By 1,018.2%

Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 492 shares, an increase of 1,018.2% from the July 30th total of 44 shares. Based on an average daily volume of 164 shares, the short-interest ratio is currently 3.0 days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bank of Cyprus Holdings Public in a research report on Friday, June 5th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Bank of Cyprus Holdings Public has an average rating of “Buy”.

Bank of Cyprus Holdings Public Price Performance

OTCMKTS:BKCYF opened at C$12.21 on Thursday. Bank of Cyprus Holdings Public has a 52-week low of C$9.87 and a 52-week high of C$12.50. The stock’s 50-day simple moving average is C$12.01 and its 200 day simple moving average is C$11.37.

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.