Banco Comercial Português, S.A. (OTCMKTS:BPCGF – Get Rating) was the target of a significant increase in short interest in February. As of February 28th, there was short interest totalling 3,169,200 shares, an increase of 42.4% from the February 13th total of 2,225,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 31,692.0 days.
Banco Comercial Português Price Performance
Shares of BPCGF opened at $0.22 on Friday. The stock has a 50 day moving average price of $0.20 and a 200 day moving average price of $0.15. Banco Comercial Português has a 52-week low of $0.12 and a 52-week high of $0.23.
Wall Street Analysts Forecast Growth
Separately, AlphaValue raised Banco Comercial Português to a “buy” rating in a research report on Friday, November 25th.
About Banco Comercial Português
Banco Comercial Português SA engages in the provision of banking and financial services. It operates through the following segments: Retail Banking; Companies, Corporate, and Investment Banking; Private Banking; Foreign Business; and Other. The Retail Banking segment consists of Retail Network of Millenium bcp (Portugal), retail recovery division, and Banco ActivoBank.
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