UniCredit S.p.A. (OTCMKTS:UNCFF) Short Interest Up 24.7% in January

UniCredit S.p.A. (OTCMKTS:UNCFF) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 4,325,000 shares, a growth of 24.7% from the December 31st total of 3,469,700 shares. Based on an average daily trading volume, of 30,500 shares, the days-to-cover ratio is presently 141.8 days.

Institutional Investors Weigh In On UniCredit

A hedge fund recently raised its stake in UniCredit stock. GAMMA Investing LLC boosted its stake in shares of UniCredit S.p.A. (OTCMKTS:UNCFF) by 331.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,332 shares of the financial services provider’s stock after purchasing an additional 1,792 shares during the period. GAMMA Investing LLC’s holdings in UniCredit were worth $93,000 at the end of the most recent reporting period.

UniCredit Stock Up 0.1 %

Shares of OTCMKTS UNCFF traded up $0.06 during mid-day trading on Friday, hitting $46.86. The stock had a trading volume of 8,651 shares, compared to its average volume of 12,632. UniCredit has a 1 year low of $29.75 and a 1 year high of $47.74. The business has a 50 day moving average price of $41.51 and a two-hundred day moving average price of $41.67.

About UniCredit

UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor solutions. The company also provides corporate finance advisory, rating advisory, financial sponsor, patient capital, capital structure advisory, and finance solutions, as well as securities services.