Bank of Ireland Group plc (OTCMKTS:BKRIY) Short Interest Down 41.2% in July

Bank of Ireland Group plc (OTCMKTS:BKRIY) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 31,901 shares, a drop of 41.2% from the June 30th total of 54,272 shares. Based on an average daily trading volume, of 42,715 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Bank of Ireland Group in a research report on Thursday, May 7th. Barclays upgraded shares of Bank of Ireland Group from an “equal weight” rating to an “overweight” rating in a report on Wednesday, April 15th. Zacks Research upgraded shares of Bank of Ireland Group to a “hold” rating in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bank of Ireland Group in a report on Monday, April 13th. Finally, Citigroup restated a “buy” rating on shares of Bank of Ireland Group in a research report on Tuesday, June 30th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Bank of Ireland Group Trading Up 0.6%

Bank of Ireland Group stock opened at $20.90 on Friday. The stock has a 50-day moving average price of $20.29 and a 200 day moving average price of $19.55. Bank of Ireland Group has a 52 week low of $13.08 and a 52 week high of $22.19.

About Bank of Ireland Group

Bank of Ireland Group (OTCMKTS:BKRIY) is a leading financial services provider headquartered in Dublin, Ireland. Established in 1783, the bank has grown to become one of the country’s largest banking institutions, offering a diverse range of products and services to retail, corporate and institutional clients. The group’s core operations include traditional retail banking, corporate and commercial banking, and wealth and asset management.

In the retail segment, Bank of Ireland provides deposit accounts, personal loans, credit cards, mortgages and insurance solutions to individual customers.