Bank of Ireland Group plc (OTCMKTS:BKRIY) Sees Large Decrease in Short Interest

Bank of Ireland Group plc (OTCMKTS:BKRIY) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 18,500 shares, a drop of 23.2% from the February 28th total of 24,100 shares. Based on an average daily trading volume, of 98,900 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on BKRIY shares. Morgan Stanley reiterated an “underweight” rating on shares of Bank of Ireland Group in a research report on Friday, March 7th. Royal Bank of Canada reaffirmed an “outperform” rating on shares of Bank of Ireland Group in a research report on Friday, February 28th.

Bank of Ireland Group Stock Performance

OTCMKTS BKRIY opened at $12.08 on Wednesday. The stock’s 50-day moving average is $11.33 and its two-hundred day moving average is $10.20. Bank of Ireland Group has a fifty-two week low of $8.41 and a fifty-two week high of $13.57.

About Bank of Ireland Group

Bank of Ireland Group plc provides various banking and financial products and services. It provides current and savings accounts, and business deposits and accounts; personal, car, home improvement, graduate, motor finance, and student loans, as well as overdrafts; and business and farming loans, green business, insurance premium finance, invoice finance, hire purchase, and leasing services.