Short Interest in Eurobank Ergasias Services and Holdings S.A. (OTCMKTS:EGFEY) Decreases By 84.8%

Eurobank Ergasias Services and Holdings S.A. (OTCMKTS:EGFEY) was the target of a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 12,100 shares, a decrease of 84.8% from the January 31st total of 79,500 shares. Based on an average trading volume of 56,700 shares, the short-interest ratio is presently 0.2 days.

Eurobank Ergasias Services and Stock Performance

EGFEY opened at $1.29 on Friday. The company’s 50-day simple moving average is $1.19 and its two-hundred day simple moving average is $1.11. Eurobank Ergasias Services and has a 52-week low of $0.87 and a 52-week high of $1.31.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut shares of Eurobank Ergasias Services and from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th.

Eurobank Ergasias Services and Company Profile

Eurobank Ergasias Services and Holdings SA, together with its subsidiaries, provides retail banking, corporate and private banking, asset management, treasury, capital market, and other services primarily in Greece, rest of Europe, and internationally. It operates through Retail, Corporate, Global Markets & Asset Management, International, Remedial and Servicing Strategy, and Investment Property.