Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Sees Significant Growth in Short Interest

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 35,298,500 shares, an increase of 38.7% from the September 30th total of 25,448,300 shares. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 176,492.5 days. Based on an average daily trading volume, of 200 shares, the days-to-cover ratio is currently 176,492.5 days.

Analyst Ratings Changes

Separately, Citigroup restated a “neutral” rating on shares of Banco Comercial Português in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

Banco Comercial Português Stock Performance

OTCMKTS:BPCGF opened at $0.90 on Monday. Banco Comercial Português has a twelve month low of $0.50 and a twelve month high of $0.90. The stock has a fifty day simple moving average of $0.88 and a 200-day simple moving average of $0.79.

Banco Comercial Português Company Profile

Banco Comercial Português, SA engages in the provision of various banking and financial products and services in Portugal and internationally. It operates through Retail Banking; Companies and Corporate; Private Banking; Foreign Business; and Other segments. It offers a range of financial products and services, including current accounts, payment systems, savings and investment products, private banking, asset management, and investment banking services, such as mortgage loans, personal loans, commercial banking, leasing, factoring, and insurance.