Banco BPM S.p.A. (OTCMKTS:BNCZF) Sees Large Growth in Short Interest

Banco BPM S.p.A. (OTCMKTS:BNCZF) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 5,961,600 shares, a growth of 39.8% from the January 15th total of 4,265,100 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 19,872.0 days.

Banco BPM Stock Performance

Shares of BNCZF stock remained flat at $9.20 during trading on Friday. Banco BPM has a 12 month low of $6.61 and a 12 month high of $10.35. The company has a 50-day moving average price of $8.84 and a 200-day moving average price of $7.23.

Banco BPM Company Profile

Banco BPM S.p.A., together with its subsidiaries, provides banking and financial products and services to individual, business, and corporate customers in Italy. It offers current account and digital services; home, personal, heritage, multi-risk, and car and vehicle insurance; credit, debit, and prepaid cards; deposit paper; trading and mobile platform; web platform; home and subrogation mortgagees; long term car rental; personal loans; and mutual investment funds, insurance investment products, saving, and social security products.