Short Interest in Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) Grows By 738.6%

Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 12,092 shares, an increase of 738.6% from the May 14th total of 1,442 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bank of Cyprus Holdings Public in a research report on Friday, June 5th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.

Bank of Cyprus Holdings Public Stock Performance

OTCMKTS:BKCYF opened at C$11.88 on Friday. Bank of Cyprus Holdings Public has a 12-month low of C$9.87 and a 12-month high of C$11.88. The business has a 50 day simple moving average of C$11.28 and a 200 day simple moving average of C$10.47.

Bank of Cyprus Holdings Public Company Profile

Bank of Cyprus Holdings Public (OTCMKTS:BKCYF) is the largest banking and financial services group in Cyprus, offering a comprehensive range of products to retail, corporate and institutional clients. The group’s core activities include deposit-taking, lending, trade finance, payments and cash management. It also provides wealth management, private banking, insurance brokerage and pension administration services through its fully owned subsidiaries.

Established in 1899 and headquartered in Nicosia, Bank of Cyprus has evolved into a universal bank with a strong local franchise and a selective international presence.