UniCredit (OTCMKTS:UNCFF) Reaches New 12-Month High – Here’s What Happened

UniCredit (OTCMKTS:UNCFF)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $85.2525 and last traded at $83.50, with a volume of 6167 shares traded. The stock had previously closed at $82.4225.

UniCredit Stock Performance

The firm’s 50 day moving average is $78.36 and its 200 day moving average is $75.88.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in UniCredit stock. GAMMA Investing LLC increased its stake in UniCredit (OTCMKTS:UNCFF) by 52.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,562 shares of the financial services provider’s stock after purchasing an additional 1,230 shares during the period. GAMMA Investing LLC’s holdings in UniCredit were worth $274,000 as of its most recent SEC filing.

About UniCredit

UniCredit is a Milan-based global banking and financial services group offering a comprehensive range of banking solutions. As one of Europe’s leading banking institutions, the firm provides services in retail banking, corporate and investment banking, commercial banking, private banking and asset management. UniCredit’s network spans key European markets, leveraging a diversified business model to serve individuals, small and medium-sized enterprises, and large corporate clients.

The group’s retail banking arm delivers deposit accounts, loans, payment services and digital banking platforms designed to meet the evolving needs of its broad customer base.