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

Banco BPM S.p.A. (OTCMKTS:BNCZF) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 9,875,800 shares, a growth of 65.7% from the January 31st total of 5,961,600 shares. Based on an average daily trading volume, of 7,000 shares, the short-interest ratio is currently 1,410.8 days.

Banco BPM Price Performance

Shares of OTCMKTS:BNCZF opened at $9.20 on Tuesday. Banco BPM has a 1 year low of $6.61 and a 1 year high of $10.35. The business’s 50-day moving average is $9.11 and its 200-day moving average is $7.52.

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.