Short Interest in BPER Banca SpA (OTCMKTS:BPXXY) Rises By 3,564.8%

BPER Banca SpA (OTCMKTS:BPXXY) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 3,848 shares, a growth of 3,564.8% from the December 31st total of 105 shares. Based on an average daily volume of 1,078 shares, the days-to-cover ratio is presently 3.6 days. Based on an average daily volume of 1,078 shares, the days-to-cover ratio is presently 3.6 days.

BPER Banca Price Performance

BPXXY remained flat at $29.65 on Tuesday. BPER Banca has a 52-week low of $13.23 and a 52-week high of $29.74. The company’s fifty day simple moving average is $27.18 and its 200 day simple moving average is $23.97.

BPER Banca Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, December 11th. Investors of record on Monday, December 1st were issued a dividend of $0.1253 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a yield of 409.0%.

Analysts Set New Price Targets

Separately, Morgan Stanley initiated coverage on BPER Banca in a report on Monday, January 5th. They issued an “overweight” rating for the company. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, BPER Banca presently has a consensus rating of “Buy”.

About BPER Banca

BPER Banca S.p.A., formerly known as Banca Popolare dell’Emilia Romagna, is an Italian banking group headquartered in Modena, Italy. Established in 1867, the company provides a broad range of financial services to retail, corporate and institutional clients. BPER Banca operates through an extensive branch network across Italy and maintains an over‐the‐counter listing in the United States under the ticker symbol BPXXY.

The bank’s core activities encompass traditional retail banking products—such as current and savings accounts, mortgages and personal loans—alongside corporate lending, trade finance, leasing and factoring services.