National Bank of Greece S.A. (OTCMKTS:NBGIF) Stock Short Interest Jumps 470.6%

National Bank of Greece S.A. (OTCMKTS:NBGIF) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 16,415 shares, a growth of 470.6% from the September 15th total of 2,877 shares. Based on an average trading volume of 1,576 shares, the short-interest ratio is currently 10.4 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of National Bank of Greece in a research report on Friday, September 4th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

National Bank of Greece Stock Performance

NBGIF traded down $0.17 on Friday, reaching $18.07. The company had a trading volume of 119 shares, compared to its average volume of 3,094. The company has a fifty day moving average of $19.34 and a 200-day moving average of $17.70. National Bank of Greece has a one year low of $12.95 and a one year high of $20.95.

National Bank of Greece Company Profile

National Bank of Greece SA is a financial services group headquartered in Athens, Greece. Founded in 1841, it is one of the country’s oldest banking institutions and provides banking products and services to individuals, businesses and institutional customers.

The bank’s activities include retail and commercial banking, corporate and investment banking, private banking, asset management, payments and electronic banking. Its offerings include deposit accounts, consumer and mortgage lending, business financing, cash-management services, investment products and other financial solutions.

National Bank of Greece primarily serves customers in Greece through its branch and digital banking network, while also maintaining selected international operations and partnerships.