BNP Paribas SA (OTCMKTS:BNPQY) Shares Shorted: Short Interest Up 55.1% in September

BNP Paribas SA (OTCMKTS:BNPQY) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 230,424 shares, a growth of 55.1% from the August 31st total of 148,604 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 872,236 shares, the short-interest ratio is currently 0.3 days.

BNP Paribas Stock Performance

OTCMKTS:BNPQY opened at $52.17 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 1.24. BNP Paribas has a twelve month low of $37.50 and a twelve month high of $65.50. The company has a fifty day moving average of $60.47 and a 200-day moving average of $56.26. The firm has a market capitalization of $114.94 billion, a P/E ratio of 7.73, a P/E/G ratio of 0.51 and a beta of 0.80.

BNP Paribas (OTCMKTS:BNPQY) last issued its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.24. BNP Paribas had a net margin of 25.22% and a return on equity of 10.32%. The business had revenue of $16.38 billion for the quarter, compared to analyst estimates of $15.44 billion. As a group, sell-side analysts anticipate that BNP Paribas will post 6.71 EPS for the current year.

Analysts Set New Price Targets

Several research analysts recently issued reports on BNPQY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BNP Paribas in a research report on Wednesday, July 15th. DZ Bank raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 24th. Kepler Capital Markets raised BNP Paribas from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Citigroup reiterated a “buy” rating on shares of BNP Paribas in a report on Monday, July 20th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of BNP Paribas in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

BNP Paribas Company Profile

BNP Paribas is a major European banking group headquartered in France. The company provides banking and financial services to individual customers, businesses, institutional clients and public-sector organizations through a range of operations spanning retail banking, commercial banking, corporate and institutional banking, and investment and protection services.

Its activities include deposit and lending products, payment services, consumer finance, wealth management, insurance, asset management, securities services, and capital-markets and advisory services.