BPER Banca SpA (OTCMKTS:BPXXY) Sees Large Increase in Short Interest

BPER Banca SpA (OTCMKTS:BPXXY) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 105 shares, an increase of 25.0% from the December 15th total of 84 shares. Based on an average daily volume of 20 shares, the short-interest ratio is presently 5.3 days. Based on an average daily volume of 20 shares, the short-interest ratio is presently 5.3 days.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley assumed coverage on BPER Banca in a research note on Monday, January 5th. They issued an “overweight” rating on the stock. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, BPER Banca has an average rating of “Buy”.

BPER Banca Stock Performance

OTCMKTS:BPXXY opened at $29.65 on Friday. The business has a 50 day moving average of $26.63 and a 200 day moving average of $23.40. BPER Banca has a 1-year low of $13.23 and a 1-year high of $29.74.

BPER Banca Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, December 11th. Investors of record on Monday, December 1st were given a $0.1253 dividend. This represents a yield of 409.0%. The ex-dividend date was Friday, November 28th.

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.