Amundi S.A. (OTCMKTS:AMDUF) Sees Large Decline in Short Interest

Amundi S.A. (OTCMKTS:AMDUF) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 77,100 shares, a decrease of 32.0% from the September 15th total of 113,400 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 771.0 days. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 771.0 days.

Analysts Set New Price Targets

A number of research firms have issued reports on AMDUF. Citigroup reiterated a “buy” rating on shares of Amundi in a research note on Friday, October 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Amundi in a research note on Monday, July 14th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy”.

Amundi Price Performance

Shares of OTCMKTS:AMDUF opened at $80.95 on Friday. Amundi has a fifty-two week low of $63.24 and a fifty-two week high of $80.95. The business has a 50-day moving average of $80.95 and a two-hundred day moving average of $76.66.

Amundi Company Profile

Amundi is a publically owned investment manager. The firm engages in the asset management business. The company provides a range of retail products and solutions through quasi-exclusive distribution agreements with the retail banking networks of the Crédit Agricole and the Société Générale groups in France; and through international partner networks and joint ventures outside France, as well as through third-party distributors primarily in France, rest of Europe, and Asia.