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

National Bank of Greece S.A. (OTCMKTS:NBGIF) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 3,173 shares, a growth of 876.3% from the August 15th total of 325 shares. Based on an average daily volume of 2,587 shares, the short-interest ratio is currently 1.2 days.

National Bank of Greece Stock Performance

Shares of OTCMKTS:NBGIF traded down $0.08 during trading on Friday, reaching $19.72. The stock had a trading volume of 703 shares, compared to its average volume of 3,284. The business has a fifty day moving average price of $18.58 and a 200-day moving average price of $17.11. National Bank of Greece has a fifty-two week low of $12.95 and a fifty-two week high of $20.39.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of National Bank of Greece in a research report on Friday, September 4th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

National Bank of Greece Company Profile

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.