UniCredit (OTCMKTS:UNCFF – Get Free Report) was the recipient of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,039,983 shares, an increase of 79.6% from the July 15th total of 2,249,445 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 4,780 shares, the short-interest ratio is presently 845.2 days.
Institutional Investors Weigh In On UniCredit
An institutional investor recently bought a new position in UniCredit stock. Compass Financial Management LLC bought a new position in UniCredit (OTCMKTS:UNCFF – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 707 shares of the financial services provider’s stock, valued at approximately $27,000.
UniCredit Stock Down 2.3%
Shares of UNCFF stock opened at $96.54 on Tuesday. UniCredit has a twelve month low of $67.56 and a twelve month high of $100.29. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 1.44. The business’s fifty day moving average is $92.54 and its 200 day moving average is $85.36.
About UniCredit
UniCredit is a Milan-based global banking and financial services group offering a comprehensive range of banking solutions. As one of Europe’s leading banking institutions, the firm provides services in retail banking, corporate and investment banking, commercial banking, private banking and asset management. UniCredit’s network spans key European markets, leveraging a diversified business model to serve individuals, small and medium-sized enterprises, and large corporate clients.
The group’s retail banking arm delivers deposit accounts, loans, payment services and digital banking platforms designed to meet the evolving needs of its broad customer base.
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