Short Interest in Bank of Ireland Group plc (OTCMKTS:BKRIY) Declines By 41.2%

Bank of Ireland Group plc (OTCMKTS:BKRIY) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 31,901 shares, a decline of 41.2% from the June 30th total of 54,272 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 42,715 shares, the days-to-cover ratio is presently 0.7 days.

Wall Street Analyst Weigh In

BKRIY has been the topic of a number of recent research reports. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Bank of Ireland Group in a research report on Thursday, May 7th. Zacks Research upgraded shares of Bank of Ireland Group to a “hold” rating in a report on Wednesday, April 29th. Barclays raised shares of Bank of Ireland Group from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, April 15th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Bank of Ireland Group in a research report on Monday, April 13th. Finally, Citigroup reissued a “buy” rating on shares of Bank of Ireland Group in a research note on Tuesday, June 30th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Bank of Ireland Group currently has an average rating of “Moderate Buy”.

Bank of Ireland Group Stock Up 2.5%

Shares of Bank of Ireland Group stock opened at $20.78 on Friday. Bank of Ireland Group has a one year low of $13.08 and a one year high of $22.19. The business’s 50 day simple moving average is $20.27 and its two-hundred day simple moving average is $19.54.

About Bank of Ireland Group

Bank of Ireland Group (OTCMKTS:BKRIY) is a leading financial services provider headquartered in Dublin, Ireland. Established in 1783, the bank has grown to become one of the country’s largest banking institutions, offering a diverse range of products and services to retail, corporate and institutional clients. The group’s core operations include traditional retail banking, corporate and commercial banking, and wealth and asset management.

In the retail segment, Bank of Ireland provides deposit accounts, personal loans, credit cards, mortgages and insurance solutions to individual customers.