BPER Banca SpA (OTCMKTS:BPXXY) Sees Significant Growth in Short Interest

BPER Banca SpA (OTCMKTS:BPXXY) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 484 shares, a growth of 89.8% from the July 30th total of 255 shares. Based on an average daily volume of 86 shares, the short-interest ratio is presently 5.6 days.

BPER Banca Price Performance

BPXXY stock opened at $32.99 on Friday. The business has a 50 day simple moving average of $32.32 and a 200-day simple moving average of $29.30. BPER Banca has a twelve month low of $22.66 and a twelve month high of $35.78.

Analysts Set New Price Targets

BPXXY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft lowered shares of BPER Banca from a “buy” rating to a “hold” rating in a research note on Monday, May 18th. UBS Group downgraded shares of BPER Banca to a “neutral” rating in a research note on Friday, May 15th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

BPER Banca Company Profile

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.