Short Interest in Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Drops By 46.4%

Banco Comercial Português, S.A. (OTCMKTS:BPCGFGet Free Report) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 3,059,184 shares, a drop of 46.4% from the May 31st total of 5,709,045 shares. Based on an average trading volume of 481 shares, the days-to-cover ratio is presently 6,360.0 days.

Banco Comercial Português Price Performance

Shares of OTCMKTS:BPCGF opened at $1.05 on Tuesday. The company has a 50 day moving average of $1.02 and a 200 day moving average of $0.98. Banco Comercial Português has a 12 month low of $1.00 and a 12 month high of $1.12.

About Banco Comercial Português

(Get Free Report)

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.

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