Short Interest in Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) Drops By 81.5%

Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) was the recipient of a significant decline in short interest in the month of August. As of August 15th, there was short interest totalling 4,000 shares, a decline of 81.5% from the July 31st total of 21,600 shares. Based on an average daily trading volume, of 67,400 shares, the days-to-cover ratio is currently 0.1 days.

Piraeus Financial Stock Down 1.4 %

Shares of OTCMKTS BPIRY traded down $0.06 during trading on Tuesday, reaching $4.18. 29,986 shares of the stock traded hands, compared to its average volume of 117,462. Piraeus Financial has a 52-week low of $2.37 and a 52-week high of $4.65. The company has a 50-day moving average of $4.01 and a 200-day moving average of $4.08.

Piraeus Financial Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, July 31st. Shareholders of record on Thursday, July 11th were issued a dividend of $0.0566 per share. The ex-dividend date of this dividend was Thursday, July 11th. This is an increase from Piraeus Financial’s previous dividend of $0.01. This represents a yield of 1.49%.

About Piraeus Financial

Piraeus Financial Holdings SA, together with its subsidiaries, provides banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, Other, and NPE Management Unit segments. The company offers saving, current, term, blocked, guaranteed, and other deposits; retail lending products, such as mortgages, consumer, personal, and other retail loans, as well as credit cards; and corporate lending for large corporations, small and medium-sized enterprises, as well as for public sectors.