Bank of Ireland Group plc (OTCMKTS:BKRIY) Sees Significant Growth in Short Interest

Bank of Ireland Group plc (OTCMKTS:BKRIY) saw a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 39,047 shares, a growth of 381.6% from the May 14th total of 8,107 shares. Based on an average daily volume of 45,834 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the shares of the company are short sold.

Bank of Ireland Group Stock Up 0.4%

Shares of OTCMKTS:BKRIY traded up $0.09 during midday trading on Friday, hitting $20.35. The stock had a trading volume of 2,011 shares, compared to its average volume of 41,485. The stock has a 50 day moving average price of $19.53 and a two-hundred day moving average price of $19.20. Bank of Ireland Group has a 1 year low of $13.01 and a 1 year high of $21.11.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Zacks Research raised shares of Bank of Ireland Group to a “hold” rating in a research report on Wednesday, April 29th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Bank of Ireland Group in a report on Thursday, May 7th. Barclays raised shares of Bank of Ireland Group from an “equal weight” rating to an “overweight” rating in a report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bank of Ireland Group in a report on Monday, April 13th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Bank of Ireland Group Company Profile

Bank of Ireland Group (OTCMKTS:BKRIY) is a leading financial services provider headquartered in Dublin, Ireland. Established in 1783, the bank has grown to become one of the country’s largest banking institutions, offering a diverse range of products and services to retail, corporate and institutional clients. The group’s core operations include traditional retail banking, corporate and commercial banking, and wealth and asset management.

In the retail segment, Bank of Ireland provides deposit accounts, personal loans, credit cards, mortgages and insurance solutions to individual customers.