UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Short Interest Update

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 82,276 shares, a drop of 37.5% from the May 31st total of 131,672 shares. Based on an average trading volume of 642,419 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

Analyst Upgrades and Downgrades

UNCRY has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of UniCredit in a report on Wednesday, May 6th. Zacks Research upgraded shares of UniCredit from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Erste Group Bank lowered shares of UniCredit from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 2nd. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy”.

UniCredit Trading Down 0.1%

Shares of UNCRY stock opened at $44.66 on Thursday. UniCredit has a fifty-two week low of $32.84 and a fifty-two week high of $47.14. The stock has a 50 day simple moving average of $42.02 and a two-hundred day simple moving average of $41.16.

About UniCredit

UniCredit S.p.A. is an international banking group headquartered in Milan, Italy, offering a broad range of banking and financial services to retail, corporate and institutional clients. The firm operates as a universal bank, combining traditional deposit-taking and lending with capital markets activities, transaction banking and advisory services. UniCredit provides consumer and commercial loans, mortgage financing, deposit accounts, payment and card services, and wealth management solutions for private clients.

On the corporate and institutional side, UniCredit offers relationship banking, corporate lending, trade and export finance, cash management, custody and securities services, and investment banking capabilities including debt and equity capital markets and structured finance.