Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) Sees Large Decline in Short Interest

Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 44 shares, a drop of 78.9% from the June 30th total of 209 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Wall Street Analyst Weigh In

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

Bank of Cyprus Holdings Public Price Performance

Shares of BKCYF opened at C$11.96 on Friday. The firm’s 50 day simple moving average is C$11.91 and its 200 day simple moving average is C$11.07. Bank of Cyprus Holdings Public has a 1-year low of C$9.87 and a 1-year high of C$11.96.

About Bank of Cyprus Holdings Public

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.