Bank of Ireland Group plc (OTCMKTS:BKRIY) Sees Large Decline in Short Interest

Bank of Ireland Group plc (OTCMKTS:BKRIY) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 18,500 shares, a decline of 23.2% from the February 28th total of 24,100 shares. Based on an average trading volume of 98,900 shares, the days-to-cover ratio is presently 0.2 days.

Bank of Ireland Group Stock Down 2.6 %

Shares of OTCMKTS BKRIY opened at $11.88 on Monday. Bank of Ireland Group has a 12 month low of $8.41 and a 12 month high of $13.57. The business’s 50 day moving average is $11.28 and its two-hundred day moving average is $10.20.

Analysts Set New Price Targets

BKRIY has been the subject of several recent research reports. Morgan Stanley reissued an “underweight” rating on shares of Bank of Ireland Group in a research report on Friday, March 7th. Royal Bank of Canada reiterated an “outperform” rating on shares of Bank of Ireland Group in a report on Friday, February 28th.

Bank of Ireland Group Company Profile

Bank of Ireland Group plc provides various banking and financial products and services. It provides current and savings accounts, and business deposits and accounts; personal, car, home improvement, graduate, motor finance, and student loans, as well as overdrafts; and business and farming loans, green business, insurance premium finance, invoice finance, hire purchase, and leasing services.