Short Interest in BPER Banca SpA (OTCMKTS:BPXXY) Increases By 2,444.4%

BPER Banca SpA (OTCMKTS:BPXXY) was the target of a large growth in short interest in 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 days-to-cover ratio is presently 0.5 days.

Analysts Set New Price Targets

A number of analysts have commented on BPXXY shares. UBS Group cut shares of BPER Banca to a “neutral” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft lowered BPER Banca from a “buy” rating to a “hold” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

BPER Banca Stock Performance

OTCMKTS:BPXXY remained flat at $33.00 during trading hours on Thursday. 588 shares of the company’s stock were exchanged, compared to its average volume of 821. BPER Banca has a 1-year low of $19.04 and a 1-year high of $33.00. The stock has a fifty day moving average price of $29.06 and a 200-day moving average price of $27.87.

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.