Banco Comercial Português, S.A. (OTCMKTS:BPCGY – Get Free Report) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 1,700 shares, an increase of 70.0% from the February 28th total of 1,000 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.0% of the shares of the stock are short sold.
Banco Comercial Português Price Performance
Shares of BPCGY stock remained flat at $6.50 during trading hours on Friday. Banco Comercial Português has a 12 month low of $4.11 and a 12 month high of $6.65. The firm has a 50-day simple moving average of $5.51 and a two-hundred day simple moving average of $5.13.
Analysts Set New Price Targets
Separately, Barclays upgraded Banco Comercial Português to a “strong-buy” rating in a research note on Thursday, March 6th.
Banco Comercial Português Company Profile
Banco Comercial Português, SA, a private sector bank, engages in the provision of various banking and financial products and services in Portugal and internationally. It operates through Retail Banking; Companies, Corporate & Investment Banking; Private Banking; Foreign Business; and Other segments.
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