Short Interest in Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) Increases By 86.0%

Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 59,900 shares, a growth of 86.0% from the June 30th total of 32,200 shares. Based on an average daily trading volume, of 129,200 shares, the days-to-cover ratio is presently 0.5 days.

Piraeus Financial Stock Down 2.9 %

Piraeus Financial stock traded down $0.12 during mid-day trading on Friday, hitting $4.08. 36,397 shares of the stock were exchanged, compared to its average volume of 131,124. Piraeus Financial has a 12 month low of $2.37 and a 12 month high of $4.65. The firm’s fifty day simple moving average is $3.94 and its two-hundred day simple moving average is $4.04.

Piraeus Financial Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, July 31st. Shareholders of record on Thursday, July 11th will be given a dividend of $0.0566 per share. The ex-dividend date is Thursday, July 11th. This represents a yield of 1.49%. This is a boost from Piraeus Financial’s previous dividend of $0.01.

Piraeus Financial Company Profile

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.