Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) Sees Significant Growth in Short Interest

Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYFGet Free Report) saw a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 492 shares, a growth of 1,018.2% from the July 30th total of 44 shares. Based on an average trading volume of 164 shares, the days-to-cover ratio is presently 3.0 days.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bank of Cyprus Holdings Public in a report on Friday, June 5th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

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Bank of Cyprus Holdings Public Price Performance

Shares of OTCMKTS:BKCYF remained flat at C$12.21 during midday trading on Tuesday. Bank of Cyprus Holdings Public has a 12-month low of C$9.87 and a 12-month high of C$12.50. The business has a 50-day simple moving average of C$12.01 and a two-hundred day simple moving average of C$11.37.

About Bank of Cyprus Holdings Public

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Bank of Cyprus Holdings Public (OTCMKTS:BKCYF) is the largest banking and financial services group in Cyprus, offering a comprehensive range of products to retail, corporate and institutional clients. The group’s core activities include deposit-taking, lending, trade finance, payments and cash management. It also provides wealth management, private banking, insurance brokerage and pension administration services through its fully owned subsidiaries.

Established in 1899 and headquartered in Nicosia, Bank of Cyprus has evolved into a universal bank with a strong local franchise and a selective international presence.

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