BNP Paribas SA (OTCMKTS:BNPQY) Shares Shorted: Short Interest Up 55.1% in September

BNP Paribas SA (OTCMKTS:BNPQY) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 230,424 shares, a growth of 55.1% from the August 31st total of 148,604 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 872,236 shares, the days-to-cover ratio is presently 0.3 days.

BNP Paribas Stock Performance

Shares of BNPQY stock opened at $51.49 on Friday. The stock’s 50-day moving average is $60.63 and its two-hundred day moving average is $56.29. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.76 and a current ratio of 0.76. BNP Paribas has a 1 year low of $37.50 and a 1 year high of $65.50. The firm has a market cap of $113.44 billion, a price-to-earnings ratio of 7.63, a PEG ratio of 0.53 and a beta of 0.80.

BNP Paribas (OTCMKTS:BNPQY) last posted its earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.24. The business had revenue of $16.38 billion during the quarter, compared to the consensus estimate of $15.44 billion. BNP Paribas had a return on equity of 10.32% and a net margin of 25.22%. Analysts predict that BNP Paribas will post 6.71 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on BNPQY shares. Citigroup reaffirmed a “buy” rating on shares of BNP Paribas in a research report on Monday, July 20th. DZ Bank raised BNP Paribas from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of BNP Paribas in a report on Monday, July 27th. Kepler Capital Markets upgraded shares of BNP Paribas from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BNP Paribas in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

BNP Paribas Company Profile

BNP Paribas is a major European banking group headquartered in France. The company provides banking and financial services to individual customers, businesses, institutional clients and public-sector organizations through a range of operations spanning retail banking, commercial banking, corporate and institutional banking, and investment and protection services.

Its activities include deposit and lending products, payment services, consumer finance, wealth management, insurance, asset management, securities services, and capital-markets and advisory services.