UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Stock Short Interest Rises 119.2%

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 81,983 shares, a growth of 119.2% from the September 15th total of 37,403 shares. Based on an average daily volume of 505,256 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

UniCredit Trading Down 1.0%

UniCredit stock opened at $42.50 on Thursday. UniCredit has a 12-month low of $33.63 and a 12-month high of $50.28. The firm has a 50 day simple moving average of $47.45 and a 200-day simple moving average of $44.37.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Citigroup reiterated a “buy” rating on shares of UniCredit in a report on Monday, September 28th. Morgan Stanley restated an “overweight” rating on shares of UniCredit in a report on Wednesday, September 2nd. Barclays reiterated an “overweight” rating on shares of UniCredit in a research note on Friday, July 24th. Finally, Royal Bank Of Canada initiated coverage on shares of UniCredit in a research report on Tuesday, September 15th. They set a “hold” rating on the stock. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

UniCredit Company Profile

UniCredit S.p.A. is a European commercial bank headquartered in Milan, Italy. The group provides banking and financial services to individuals, households, small and medium-sized businesses, large corporations, institutions and public-sector customers.

Its activities include retail and consumer banking, corporate and investment banking, wealth management, private banking, asset management, payments, lending, deposits and financial advisory services. UniCredit also offers services related to capital markets, trade finance and transaction banking.

UniCredit has a broad presence across Europe, with core operations in Italy, Germany and Austria and additional activities in Central and Eastern European markets.