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

Banco BPM S.p.A. (OTCMKTS:BNCZF) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 5,168,100 shares, a growth of 57.1% from the November 30th total of 3,289,400 shares. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 3,691.5 days.

Banco BPM Price Performance

Shares of BNCZF stock remained flat at $8.16 during trading on Friday. The business’s 50 day moving average is $7.13 and its 200 day moving average is $6.32. Banco BPM has a one year low of $6.61 and a one year high of $8.37.

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.