BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Up 15.6% in November

BNP Paribas SA (OTCMKTS:BNPQY) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 8,900 shares, an increase of 15.6% from the October 31st total of 7,700 shares. Based on an average trading volume of 657,500 shares, the days-to-cover ratio is presently 0.0 days.

BNP Paribas Stock Performance

Shares of BNPQY stock traded down $0.61 during trading hours on Tuesday, reaching $29.23. The company’s stock had a trading volume of 327,626 shares, compared to its average volume of 323,438. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.81 and a quick ratio of 0.81. The firm’s fifty day simple moving average is $33.32 and its 200 day simple moving average is $33.98. BNP Paribas has a one year low of $28.53 and a one year high of $39.32.

BNP Paribas (OTCMKTS:BNPQY) last issued its quarterly earnings data on Thursday, October 31st. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.02). The business had revenue of $13.12 billion for the quarter, compared to analyst estimates of $13.13 billion. On average, research analysts expect that BNP Paribas will post 5.22 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded BNP Paribas to a “moderate buy” rating in a research report on Wednesday, October 9th.

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.