Short Interest in BNP Paribas SA (OTCMKTS:BNPQY) Grows By 11.9%

BNP Paribas SA (OTCMKTS:BNPQY) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 22,500 shares, a growth of 11.9% from the November 30th total of 20,100 shares. Based on an average daily volume of 580,500 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

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

BNP Paribas Stock Up 0.7 %

Shares of BNPQY traded up $0.22 during trading hours on Tuesday, hitting $30.72. The company had a trading volume of 380,574 shares, compared to its average volume of 241,490. BNP Paribas has a 52-week low of $28.53 and a 52-week high of $39.32. The firm has a fifty day moving average price of $31.60 and a 200-day moving average price of $33.14. The stock has a market capitalization of $69.43 billion, a price-to-earnings ratio of 6.44, a P/E/G ratio of 0.23 and a beta of 1.38. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.81 and a current ratio of 0.81.

BNP Paribas (OTCMKTS:BNPQY) last issued its earnings results on Thursday, October 31st. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by ($0.02). The firm had revenue of $13.12 billion for the quarter, compared to analysts’ expectations of $13.13 billion. On average, equities research analysts forecast that BNP Paribas will post 5.27 EPS for the current fiscal year.

About BNP Paribas

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.