Banco BPM S.p.A. (OTCMKTS:BNCZF) Sees Significant Drop in Short Interest

Banco BPM S.p.A. (OTCMKTS:BNCZF) was the recipient of a significant decline in short interest in May. As of May 31st, there was short interest totalling 14,741,400 shares, a decline of 9.4% from the May 15th total of 16,262,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Banco BPM Stock Performance

Shares of BNCZF stock opened at $5.57 on Monday. The company has a 50 day moving average price of $5.57 and a 200 day moving average price of $5.63. Banco BPM has a fifty-two week low of $5.57 and a fifty-two week high of $5.57.

About Banco BPM

Banco BPM S.p.A., together with its subsidiaries, provides banking and financial products and services to individual, business, and corporate customers in Italy. It offers current account and digital services; home, personal, heritage, multi-risk, and car and vehicle insurance; credit, debit, and prepaid cards; deposit paper; trading and mobile platform; web platform; home and subrogation mortgagees; long term car rental; personal loans; and mutual investment funds, insurance investment products, saving, and social security products.