Short Interest in UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Expands By 129.2%

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totaling 111,388 shares, an increase of 129.2% from the June 30th total of 48,599 shares. Based on an average daily volume of 1,357,308 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

A number of brokerages have issued reports on UNCRY. Morgan Stanley reaffirmed an “overweight” rating on shares of UniCredit in a research report on Monday. Barclays restated an “overweight” rating on shares of UniCredit in a research note on Friday, July 24th. Erste Group Bank cut shares of UniCredit from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Zacks Research raised shares of UniCredit from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy”.

UniCredit Trading Down 2.2%

Shares of UNCRY opened at $45.46 on Thursday. UniCredit has a 52 week low of $33.63 and a 52 week high of $47.63. The stock has a 50 day moving average of $44.63 and a 200-day moving average of $41.91.

About UniCredit

UniCredit S.p.A. is an international banking group headquartered in Milan, Italy, offering a broad range of banking and financial services to retail, corporate and institutional clients. The firm operates as a universal bank, combining traditional deposit-taking and lending with capital markets activities, transaction banking and advisory services. UniCredit provides consumer and commercial loans, mortgage financing, deposit accounts, payment and card services, and wealth management solutions for private clients.

On the corporate and institutional side, UniCredit offers relationship banking, corporate lending, trade and export finance, cash management, custody and securities services, and investment banking capabilities including debt and equity capital markets and structured finance.