Short Interest in Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Declines By 36.9%

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) was the target of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 1,304,397 shares, a decrease of 36.9% from the January 29th total of 2,065,906 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Wall Street Analyst Weigh In

Separately, Citigroup reiterated a “neutral” rating on shares of Banco Comercial Português in a research note on Thursday, November 20th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Banco Comercial Português Price Performance

Shares of OTCMKTS:BPCGF remained flat at $0.96 during mid-day trading on Friday. The firm’s 50 day moving average is $0.96 and its 200 day moving average is $0.92. Banco Comercial Português has a one year low of $0.50 and a one year high of $0.96.

Banco Comercial Português Company Profile

Banco Comercial Português, SA operates as the largest private sector bank in Portugal, conducting a broad range of banking activities under the brand Millennium bcp. The bank serves individual customers, small and medium-sized enterprises and large corporate clients through a network of branches, online channels and partner points of sale. Its core services include deposit accounts, consumer and mortgage lending, payment cards and electronic banking.

Founded in 1985 during the privatization of state-owned banking assets, Banco Comercial Português has expanded beyond its domestic market.