UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Short Interest Up 68.8% in May

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRYGet Free Report) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 131,672 shares, a growth of 68.8% from the May 14th total of 78,018 shares. Based on an average trading volume of 548,663 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Zacks Research raised shares of UniCredit from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a research report on Wednesday, May 6th. Finally, Erste Group Bank lowered shares of UniCredit from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy”.

View Our Latest Report on UNCRY

UniCredit Stock Performance

Shares of OTCMKTS:UNCRY opened at $45.04 on Wednesday. UniCredit has a 52 week low of $31.41 and a 52 week high of $47.14. The company’s fifty day moving average is $40.95 and its 200-day moving average is $40.64.

About UniCredit

(Get Free Report)

UniCredit S.p.A. is an international banking group headquartered in Milan, Italy, offering a broad range of banking and financial services to retail, corporate and institutional clients. The firm operates as a universal bank, combining traditional deposit-taking and lending with capital markets activities, transaction banking and advisory services. UniCredit provides consumer and commercial loans, mortgage financing, deposit accounts, payment and card services, and wealth management solutions for private clients.

On the corporate and institutional side, UniCredit offers relationship banking, corporate lending, trade and export finance, cash management, custody and securities services, and investment banking capabilities including debt and equity capital markets and structured finance.

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