National Bank of Greece S.A. (OTCMKTS:NBGIF) Sees Large Drop in Short Interest

National Bank of Greece S.A. (OTCMKTS:NBGIF) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,576 shares, a decline of 99.3% from the April 30th total of 217,442 shares. Based on an average daily trading volume, of 11,335 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, National Bank Financial cut National Bank of Greece from a “buy” rating to a “neutral” rating in a report on Thursday, February 12th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, National Bank of Greece has an average rating of “Hold”.

National Bank of Greece Stock Performance

OTCMKTS NBGIF traded up $1.14 during trading hours on Friday, reaching $17.14. The company’s stock had a trading volume of 235 shares, compared to its average volume of 3,590. National Bank of Greece has a 1-year low of $11.50 and a 1-year high of $19.00. The company’s 50-day moving average is $16.08 and its two-hundred day moving average is $16.13.

About National Bank of Greece

National Bank of Greece (OTCMKTS:NBGIF) is one of Greece’s oldest and largest financial institutions, tracing its roots back to its establishment in 1841. Headquartered in Athens, the bank has played a pivotal role in the economic development of modern Greece and continues to serve as a cornerstone of the country’s banking sector. Over the years, National Bank of Greece has expanded its operations beyond its domestic market, reflecting its commitment to supporting trade and investment across the wider region.

The bank offers a comprehensive suite of financial products and services that span retail banking, corporate and investment banking, private banking, and asset management.