UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Sees Significant Growth in Short Interest

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY – Get Free Report) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 81,983 shares, a growth of 119.2% from the September 15th total of 37,403 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 505,256 shares, the short-interest ratio is currently 0.2 days.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Barclays restated an “overweight” rating on shares of UniCredit in a research report on Friday, July 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a research note on Wednesday, September 2nd. Royal Bank Of Canada began coverage on UniCredit in a report on Tuesday, September 15th. They issued a “hold” rating on the stock. Finally, Citigroup reissued a “buy” rating on shares of UniCredit in a research report on Monday, September 28th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, UniCredit currently has an average rating of “Moderate Buy”.

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UniCredit Trading Up 1.6%

UNCRY stock opened at $42.91 on Wednesday. UniCredit has a 12-month low of $33.63 and a 12-month high of $50.28. The company has a 50 day moving average of $47.58 and a two-hundred day moving average of $44.32.

UniCredit Company Profile

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UniCredit S.p.A. is a European commercial bank headquartered in Milan, Italy. The group provides banking and financial services to individuals, households, small and medium-sized businesses, large corporations, institutions and public-sector customers.

Its activities include retail and consumer banking, corporate and investment banking, wealth management, private banking, asset management, payments, lending, deposits and financial advisory services. UniCredit also offers services related to capital markets, trade finance and transaction banking.

UniCredit has a broad presence across Europe, with core operations in Italy, Germany and Austria and additional activities in Central and Eastern European markets.

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