Short Interest in BNP Paribas SA (OTCMKTS:BNPQY) Declines By 76.8%

BNP Paribas SA (OTCMKTS:BNPQY) was the target of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 15,600 shares, a decrease of 76.8% from the March 31st total of 67,300 shares. Based on an average daily volume of 403,000 shares, the days-to-cover ratio is currently 0.0 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of BNP Paribas from a “neutral” rating to a “buy” rating in a research report on Tuesday, March 26th.

BNP Paribas Trading Down 2.5 %

OTCMKTS:BNPQY traded down $0.92 during trading hours on Friday, reaching $35.88. 141,246 shares of the company were exchanged, compared to its average volume of 221,607. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.68 and a quick ratio of 0.68. The firm has a market cap of $82.34 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 0.31 and a beta of 1.48. BNP Paribas has a 52-week low of $28.24 and a 52-week high of $36.96. The stock has a 50 day simple moving average of $33.58 and a 200 day simple moving average of $32.39.

BNP Paribas Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, June 24th. Shareholders of record on Monday, May 20th will be paid a dividend of $2.4911 per share. The ex-dividend date is Friday, May 17th. This is an increase from BNP Paribas’s previous dividend of $1.80. BNP Paribas’s dividend payout ratio (DPR) is currently 37.39%.

About BNP Paribas

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.