Banco BPM S.p.A. (OTCMKTS:BNCZF) Short Interest Update

Banco BPM S.p.A. (OTCMKTS:BNCZF) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 9,875,800 shares, an increase of 65.7% from the January 31st total of 5,961,600 shares. Based on an average daily trading volume, of 7,000 shares, the days-to-cover ratio is currently 1,410.8 days.

Banco BPM Stock Performance

Shares of BNCZF stock remained flat at $9.20 during mid-day trading on Friday. Banco BPM has a twelve month low of $6.61 and a twelve month high of $10.35. The business’s 50-day moving average price is $9.09 and its 200-day moving average price is $7.48.

About Banco BPM

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.