UniCredit SpA (OTCMKTS:UNCFF) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 5,741,400 shares, an increase of 30.4% from the March 31st total of 4,403,900 shares. Based on an average trading volume of 700 shares, the days-to-cover ratio is presently 8,202.0 days.
Several equities analysts have recently weighed in on UNCFF shares. Deutsche Bank Aktiengesellschaft lowered shares of UniCredit from a “buy” rating to a “hold” rating in a research report on Wednesday, March 10th. Barclays began coverage on shares of UniCredit in a research note on Tuesday, January 26th. They issued an “equal weight” rating for the company. UBS Group upgraded shares of UniCredit from a “neutral” rating to a “buy” rating in a research note on Monday, February 1st. Zacks Investment Research cut shares of UniCredit from a “hold” rating to a “sell” rating in a research note on Wednesday, April 21st. Finally, Societe Generale upgraded shares of UniCredit from a “sell” rating to a “hold” rating in a research report on Tuesday, January 19th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the company. UniCredit presently has a consensus rating of “Hold” and an average target price of $11.00.
UNCFF stock opened at $10.28 on Wednesday. The company has a 50 day simple moving average of $10.59 and a 200 day simple moving average of $9.83. The stock has a market cap of $23.03 billion, a price-to-earnings ratio of 10.71 and a beta of 1.42. UniCredit has a 1 year low of $6.65 and a 1 year high of $11.51. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.04 and a quick ratio of 1.04.
UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, and Central Eastern Europe segments. It offers retail, corporate, and private banking services; investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, hedging, and treasury solutions.
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