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Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) Sees Significant Increase in Short Interest

kopsource ·  Mar 12, 2023 09:23

Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY – Get Rating) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 27,600 shares, an increase of 1,625.0% from the February 13th total of 1,600 shares. Based on an average daily trading volume, of 600,500 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

Several equities analysts have recently commented on BPIRY shares. Jefferies Financial Group started coverage on Piraeus Financial in a research note on Tuesday, March 7th. They set a "hold" rating on the stock. The Goldman Sachs Group upgraded Piraeus Financial from a "neutral" rating to a "buy" rating in a research note on Tuesday, January 17th.

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Piraeus Financial Trading Down 3.8 %

BPIRY opened at $2.06 on Friday. The business's 50-day moving average is $2.03 and its two-hundred day moving average is $1.51. Piraeus Financial has a 1 year low of $0.67 and a 1 year high of $2.70.

About Piraeus Financial

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Piraeus Financial Holdings SA engages in the provision of financial and banking services. It operates through the following segments: Retail Banking, Corporate Banking, Piraeus Financial Markets (PFM), Other and Piraeus Legacy Unit (PLU). The Retail Banking segment includes mass, affluent, private banking, small businesses and public core segments and channels.

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