Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Short Interest Down 44.6% in January

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 1,779,440 shares, a decline of 44.6% from the December 31st total of 3,209,160 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is currently 889,720.0 days. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is currently 889,720.0 days.

Analyst Upgrades and Downgrades

Separately, Citigroup reiterated a “neutral” rating on shares of Banco Comercial Português in a research note on Thursday, November 20th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Banco Comercial Português Price Performance

BPCGF stock opened at $0.96 on Friday. Banco Comercial Português has a one year low of $0.50 and a one year high of $0.96. The company’s fifty day moving average price is $0.94 and its 200-day moving average price is $0.89.

Banco Comercial Português Company Profile

Banco Comercial Português, SA operates as the largest private sector bank in Portugal, conducting a broad range of banking activities under the brand Millennium bcp. The bank serves individual customers, small and medium-sized enterprises and large corporate clients through a network of branches, online channels and partner points of sale. Its core services include deposit accounts, consumer and mortgage lending, payment cards and electronic banking.

Founded in 1985 during the privatization of state-owned banking assets, Banco Comercial Português has expanded beyond its domestic market.