Short Interest in BPER Banca SpA (OTCMKTS:BPXXY) Increases By 2,444.4%

BPER Banca SpA (OTCMKTS:BPXXY) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 229 shares, a growth of 2,444.4% from the May 31st total of 9 shares. Based on an average daily volume of 492 shares, the days-to-cover ratio is presently 0.5 days.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BPXXY. UBS Group lowered shares of BPER Banca to a “neutral” rating in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft lowered shares of BPER Banca from a “buy” rating to a “hold” rating in a research note on Monday, May 18th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

BPER Banca Price Performance

BPER Banca stock opened at $33.00 on Friday. The business’s 50-day moving average price is $29.16 and its 200 day moving average price is $27.92. BPER Banca has a 52 week low of $19.04 and a 52 week high of $33.00.

BPER Banca Company Profile

BPER Banca S.p.A., formerly known as Banca Popolare dell’Emilia Romagna, is an Italian banking group headquartered in Modena, Italy. Established in 1867, the company provides a broad range of financial services to retail, corporate and institutional clients. BPER Banca operates through an extensive branch network across Italy and maintains an over‐the‐counter listing in the United States under the ticker symbol BPXXY.

The bank’s core activities encompass traditional retail banking products—such as current and savings accounts, mortgages and personal loans—alongside corporate lending, trade finance, leasing and factoring services.