National Bank of Greece S.A. (OTCMKTS:NBGIF) Sees Large Growth in Short Interest

National Bank of Greece S.A. (OTCMKTS:NBGIF) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 16,415 shares, a growth of 470.6% from the September 15th total of 2,877 shares. Based on an average daily volume of 1,576 shares, the days-to-cover ratio is currently 10.4 days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of National Bank of Greece in a research report on Friday, September 4th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

National Bank of Greece Trading Down 1.0%

OTCMKTS NBGIF traded down $0.17 during trading hours on Friday, hitting $18.07. The company’s stock had a trading volume of 119 shares, compared to its average volume of 3,094. National Bank of Greece has a twelve month low of $12.95 and a twelve month high of $20.95. The stock has a fifty day moving average of $19.34 and a 200 day moving average of $17.68.

About National Bank of Greece

National Bank of Greece SA is a financial services group headquartered in Athens, Greece. Founded in 1841, it is one of the country’s oldest banking institutions and provides banking products and services to individuals, businesses and institutional customers.

The bank’s activities include retail and commercial banking, corporate and investment banking, private banking, asset management, payments and electronic banking. Its offerings include deposit accounts, consumer and mortgage lending, business financing, cash-management services, investment products and other financial solutions.

National Bank of Greece primarily serves customers in Greece through its branch and digital banking network, while also maintaining selected international operations and partnerships.