BDO Unibank, Inc. (OTCMKTS:BDOUY) Shares Shorted: Short Interest Down 38.6% in September

BDO Unibank, Inc. (OTCMKTS:BDOUY) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 17,949 shares, a decline of 38.6% from the August 31st total of 29,212 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 170,174 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on BDOUY shares. Zacks Research raised BDO Unibank from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. The Goldman Sachs Group downgraded shares of BDO Unibank to a “neutral” rating in a report on Wednesday, July 29th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, BDO Unibank currently has a consensus rating of “Hold”.

BDO Unibank Price Performance

Shares of BDOUY opened at $17.74 on Thursday. The firm has a 50-day moving average of $19.37 and a 200-day moving average of $19.74. BDO Unibank has a one year low of $17.35 and a one year high of $25.29.

About BDO Unibank

BDO Unibank, Inc is a full-service commercial bank headquartered in Makati, Philippines. It provides banking and financial services to individual customers, businesses, corporations and institutional clients through a broad network of branches, automated teller machines and digital banking channels.

The bank’s offerings include deposit accounts, consumer and commercial lending, credit cards, cash management, treasury services, investment banking, trust and wealth management, remittances and insurance-related products.