Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) Sees Significant Growth in Short Interest

Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) saw a large growth in short interest in August. As of August 14th, there was short interest totaling 492 shares, a growth of 1,018.2% from the July 30th total of 44 shares. Based on an average daily volume of 164 shares, the days-to-cover ratio is currently 3.0 days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bank of Cyprus Holdings Public in a research report on Friday, June 5th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Bank of Cyprus Holdings Public currently has a consensus rating of “Buy”.

Bank of Cyprus Holdings Public Stock Performance

BKCYF remained flat at C$12.21 during trading on Tuesday. Bank of Cyprus Holdings Public has a fifty-two week low of C$9.87 and a fifty-two week high of C$12.50. The firm’s fifty day simple moving average is C$12.01 and its two-hundred day simple moving average is C$11.37.

About Bank of Cyprus Holdings Public

Bank of Cyprus Holdings Public (OTCMKTS:BKCYF) is the largest banking and financial services group in Cyprus, offering a comprehensive range of products to retail, corporate and institutional clients. The group’s core activities include deposit-taking, lending, trade finance, payments and cash management. It also provides wealth management, private banking, insurance brokerage and pension administration services through its fully owned subsidiaries.

Established in 1899 and headquartered in Nicosia, Bank of Cyprus has evolved into a universal bank with a strong local franchise and a selective international presence.