National Bank of Greece S.A. (OTCMKTS:NBGIF) Sees Significant Growth in Short Interest

National Bank of Greece S.A. (OTCMKTS:NBGIF) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 52,375 shares, an increase of 3,223.3% from the May 14th total of 1,576 shares. Based on an average trading volume of 1,374 shares, the short-interest ratio is presently 38.1 days.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of National Bank of Greece in a report on Friday. National Bank Financial downgraded shares of National Bank of Greece from a “buy” rating to a “neutral” rating in a report on Thursday, February 12th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, National Bank of Greece has a consensus rating of “Moderate Buy”.

National Bank of Greece Stock Up 5.0%

NBGIF stock traded up $0.83 during trading on Tuesday, reaching $17.63. 1,039 shares of the company were exchanged, compared to its average volume of 3,423. National Bank of Greece has a 52-week low of $12.15 and a 52-week high of $19.00. The stock’s 50 day moving average price is $16.37 and its 200 day moving average price is $16.22.

National Bank of Greece Company Profile

National Bank of Greece (OTCMKTS:NBGIF) is one of Greece’s oldest and largest financial institutions, tracing its roots back to its establishment in 1841. Headquartered in Athens, the bank has played a pivotal role in the economic development of modern Greece and continues to serve as a cornerstone of the country’s banking sector. Over the years, National Bank of Greece has expanded its operations beyond its domestic market, reflecting its commitment to supporting trade and investment across the wider region.

The bank offers a comprehensive suite of financial products and services that span retail banking, corporate and investment banking, private banking, and asset management.