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 significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 5,168,100 shares, an increase of 57.1% from the November 30th total of 3,289,400 shares. Based on an average trading volume of 1,400 shares, the days-to-cover ratio is currently 3,691.5 days.

Banco BPM Price Performance

Shares of BNCZF stock remained flat at $8.16 during trading hours on Friday. Banco BPM has a 52-week low of $6.61 and a 52-week high of $8.37. The company has a 50 day moving average price of $7.16 and a 200-day moving average price of $6.34.

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.