Short Interest in BDO Unibank, Inc. (OTCMKTS:BDOUY) Declines By 44.4%

BDO Unibank, Inc. (OTCMKTS:BDOUY) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 110,618 shares, a decrease of 44.4% from the May 14th total of 199,051 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 118,745 shares, the short-interest ratio is currently 0.9 days.

BDO Unibank Stock Performance

Shares of BDOUY stock opened at $21.81 on Tuesday. BDO Unibank has a 52-week low of $18.39 and a 52-week high of $28.98. The company has a market capitalization of $11.64 billion and a PE ratio of 0.34. The business’s fifty day moving average is $19.58 and its 200 day moving average is $21.49.

Analysts Set New Price Targets

Separately, Zacks Research downgraded BDO Unibank from a “hold” rating to a “strong sell” rating in a research report on Friday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, BDO Unibank has an average rating of “Sell”.

About BDO Unibank

BDO Unibank, Inc (OTCMKTS: BDOUY) is a universal bank in the Philippines providing a full range of banking and financial services to retail, corporate, and institutional clients. As one of the country’s largest banks by assets, BDO offers commercial banking, lending, deposit products, credit cards, cash management, and remittance services. The bank also delivers specialized solutions in corporate finance, project finance, and agricultural lending.

In addition to core banking operations, BDO maintains robust treasury and trust divisions that handle foreign exchange, money market transactions, and fiduciary services.