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

Banco BPM S.p.A. (OTCMKTS:BNCZF) was the recipient of a significant increase in short interest in May. As of May 31st, there was short interest totalling 14,753,400 shares, an increase of 68.1% from the May 15th total of 8,777,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Banco BPM Price Performance

OTCMKTS:BNCZF opened at $11.75 on Tuesday. The business’s fifty day moving average price is $10.27 and its 200 day moving average price is $9.38. Banco BPM has a 12 month low of $6.61 and a 12 month high of $11.75.

About Banco BPM

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.