Short Interest in BNP Paribas SA (OTCMKTS:BNPQY) Grows By 222.2%

BNP Paribas SA (OTCMKTS:BNPQY) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 72,500 shares, a growth of 222.2% from the December 15th total of 22,500 shares. Based on an average daily trading volume, of 655,900 shares, the short-interest ratio is presently 0.1 days.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised BNP Paribas to a “moderate buy” rating in a report on Wednesday, October 9th.

BNP Paribas Stock Performance

Shares of BNPQY opened at $31.93 on Thursday. The stock has a 50 day moving average price of $30.70 and a 200 day moving average price of $33.04. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.79. The company has a market capitalization of $72.16 billion, a price-to-earnings ratio of 6.44, a price-to-earnings-growth ratio of 0.23 and a beta of 1.36. BNP Paribas has a 52-week low of $28.53 and a 52-week high of $39.32.

BNP Paribas (OTCMKTS:BNPQY) last announced its quarterly earnings results on Thursday, October 31st. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.02). The company had revenue of $13.12 billion during the quarter, compared to analysts’ expectations of $13.13 billion. Research analysts predict that BNP Paribas will post 5.27 EPS for the current fiscal year.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.