UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Shares Shorted: Short Interest Up 214.8% in October

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY – Get Free Report) saw a large growth in short interest in the month of October. As of October 30th, there was short interest totaling 157,221 shares, a growth of 214.8% from the October 15th total of 49,946 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 824,228 shares, the days-to-cover ratio is presently 0.2 days.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Royal Bank Of Canada started coverage on UniCredit in a research note on Tuesday, September 15th. They set a “hold” rating for the company. Citigroup reissued a “buy” rating on shares of UniCredit in a research note on Monday, September 28th. Barclays reissued an “overweight” rating on shares of UniCredit in a research note on Friday, July 24th. Finally, Morgan Stanley restated an “overweight” rating on shares of UniCredit in a report on Wednesday, September 2nd. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Check Out Our Latest Analysis on UNCRY

UniCredit Trading Up 0.1%

Shares of UNCRY opened at $46.87 on Thursday. The business’s fifty day moving average is $44.93 and its 200 day moving average is $43.46. UniCredit has a 12-month low of $33.63 and a 12-month high of $50.28.

UniCredit Company Profile

(Get Free Report)

UniCredit is a European banking group headquartered in Milan, Italy. It provides financial services to individuals, businesses and institutions, with activities spanning retail and commercial banking, corporate and investment banking, payments, and wealth management. The group serves customers across Europe, with a presence in Italy, Germany, Austria and Central and Eastern European markets. Its offerings include deposit and lending products, financing and transaction services, and investment and advisory solutions.

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