BNP Paribas SA (OTCMKTS:BNPQY) Sees Significant Increase in Short Interest

BNP Paribas SA (OTCMKTS:BNPQY) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 8,900 shares, an increase of 15.6% from the October 31st total of 7,700 shares. Based on an average daily volume of 657,500 shares, the short-interest ratio is currently 0.0 days.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised BNP Paribas to a “moderate buy” rating in a research report on Wednesday, October 9th.

BNP Paribas Stock Performance

Shares of OTCMKTS BNPQY traded down $0.61 on Tuesday, reaching $29.23. 327,626 shares of the company’s stock traded hands, compared to its average volume of 323,438. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.81 and a quick ratio of 0.81. The business’s 50 day simple moving average is $33.32 and its two-hundred day simple moving average is $33.98. BNP Paribas has a 12 month low of $28.53 and a 12 month high of $39.32.

BNP Paribas (OTCMKTS:BNPQY) last posted its quarterly earnings data on Thursday, October 31st. The financial services provider reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.02). The company had revenue of $13.12 billion during the quarter, compared to the consensus estimate of $13.13 billion. Equities analysts predict that BNP Paribas will post 5.22 EPS for the current year.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.