UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Short Interest Down 81.1% in August

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRYGet Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 37,604 shares, a drop of 81.1% from the July 30th total of 198,704 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 411,979 shares, the short-interest ratio is currently 0.1 days.

UniCredit Stock Performance

OTCMKTS:UNCRY opened at $49.35 on Wednesday. UniCredit has a 12-month low of $33.63 and a 12-month high of $49.52. The stock’s fifty day simple moving average is $46.98 and its 200-day simple moving average is $42.70.

Analyst Ratings Changes

UNCRY has been the topic of several research reports. Zacks Research raised UniCredit from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 20th. Barclays reiterated an “overweight” rating on shares of UniCredit in a research report on Friday, July 24th. Finally, Morgan Stanley reissued an “overweight” rating on shares of UniCredit in a report on Monday, July 27th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, UniCredit has a consensus rating of “Buy”.

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UniCredit Company Profile

(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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