BPER Banca SpA (OTCMKTS:BPXXY) Short Interest Up 2,444.4% in June

BPER Banca SpA (OTCMKTS:BPXXY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 229 shares, a growth of 2,444.4% from the May 31st total of 9 shares. Based on an average daily volume of 492 shares, the short-interest ratio is currently 0.5 days.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft lowered BPER Banca from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. UBS Group lowered shares of BPER Banca to a “neutral” rating in a research note on Friday, May 15th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

BPER Banca Stock Performance

Shares of OTCMKTS BPXXY opened at $33.00 on Friday. BPER Banca has a twelve month low of $19.04 and a twelve month high of $33.00. The business has a 50 day simple moving average of $29.26 and a 200-day simple moving average of $27.96.

About BPER Banca

BPER Banca S.p.A., formerly known as Banca Popolare dell’Emilia Romagna, is an Italian banking group headquartered in Modena, Italy. Established in 1867, the company provides a broad range of financial services to retail, corporate and institutional clients. BPER Banca operates through an extensive branch network across Italy and maintains an over?the?counter listing in the United States under the ticker symbol BPXXY.

The bank’s core activities encompass traditional retail banking products—such as current and savings accounts, mortgages and personal loans—alongside corporate lending, trade finance, leasing and factoring services.