BDO Unibank, Inc. (OTCMKTS:BDOUY) Stock Short Interest Rises 359.9%

BDO Unibank, Inc. (OTCMKTS:BDOUY – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 60,982 shares, a growth of 359.9% from the October 15th total of 13,261 shares. Based on an average trading volume of 163,469 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

BDOUY has been the subject of a number of research reports. The Goldman Sachs Group lowered BDO Unibank to a “neutral” rating in a research note on Wednesday, July 29th. Zacks Research raised shares of BDO Unibank from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, BDO Unibank currently has an average rating of “Hold”.

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BDO Unibank Price Performance

OTCMKTS:BDOUY opened at $19.24 on Thursday. The stock has a 50-day moving average price of $18.37 and a two-hundred day moving average price of $20.11. BDO Unibank has a 1 year low of $17.06 and a 1 year high of $25.29.

About BDO Unibank

(Get Free Report)

BDO Unibank, Inc. is a Philippine universal bank that provides financial services to individuals, businesses, and institutions. Its offerings include deposit accounts, consumer and business loans, credit cards, payments, foreign-exchange services, and wealth and trust management. The bank also serves corporate and institutional clients through services such as treasury, investment banking, cash management, and trade finance. Its operations are centered in the Philippines, with an international presence that supports customers and business activity across borders.

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