Banco BPM S.p.A. (OTCMKTS:BNCZF) Sees Large Decline in Short Interest

Banco BPM S.p.A. (OTCMKTS:BNCZF) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 10,539,100 shares, a decrease of 17.6% from the October 31st total of 12,785,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Banco BPM Stock Performance

Shares of BNCZF stock remained flat at $7.27 during mid-day trading on Friday. 1 shares of the stock were exchanged, compared to its average volume of 488. The firm’s fifty day moving average is $6.66 and its 200-day moving average is $6.02. Banco BPM has a 52 week low of $6.61 and a 52 week high of $8.37.

Banco BPM Company Profile

Banco BPM S.p.A., together with its subsidiaries, provides banking and financial products and services to individual, business, and corporate customers in Italy. It offers current account and digital services; home, personal, heritage, multi-risk, and car and vehicle insurance; credit, debit, and prepaid cards; deposit paper; trading and mobile platform; web platform; home and subrogation mortgagees; long term car rental; personal loans; and mutual investment funds, insurance investment products, saving, and social security products.