Banco BPM S.p.A. (OTCMKTS:BNCZF) Sees Large Drop in Short Interest

Banco BPM S.p.A. (OTCMKTS:BNCZF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 12,380,400 shares, a drop of 16.5% from the September 15th total of 14,828,800 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 5,627.5 days.

Banco BPM Price Performance

BNCZF remained flat at $6.61 during trading on Tuesday. The firm’s fifty day moving average price is $6.11 and its two-hundred day moving average price is $5.76. Banco BPM has a fifty-two week low of $6.61 and a fifty-two week high of $6.61.

Banco BPM Company Profile

Banco BPM S.p.A., together with its subsidiaries, provides banking and financial products and services to individual, business, and corporate customers in Italy. It offers current account and digital services; home, personal, heritage, multi-risk, and car and vehicle insurance; credit, debit, and prepaid cards; deposit paper; trading and mobile platform; web platform; home and subrogation mortgagees; long term car rental; personal loans; and mutual investment funds, insurance investment products, saving, and social security products.