BDO Unibank, Inc. (OTCMKTS:BDOUY) Sees Large Decrease in Short Interest

BDO Unibank, Inc. (OTCMKTS:BDOUY) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 12,913 shares, a decline of 48.6% from the March 15th total of 25,116 shares. Based on an average daily volume of 125,841 shares, the days-to-cover ratio is currently 0.1 days.

BDO Unibank Stock Down 2.4%

OTCMKTS:BDOUY opened at $20.00 on Tuesday. The firm’s 50 day moving average is $21.74 and its 200 day moving average is $22.53. BDO Unibank has a 12 month low of $18.39 and a 12 month high of $31.42.

About BDO Unibank

BDO Unibank, Inc (OTCMKTS: BDOUY) is a universal bank in the Philippines providing a full range of banking and financial services to retail, corporate, and institutional clients. As one of the country’s largest banks by assets, BDO offers commercial banking, lending, deposit products, credit cards, cash management, and remittance services. The bank also delivers specialized solutions in corporate finance, project finance, and agricultural lending.

In addition to core banking operations, BDO maintains robust treasury and trust divisions that handle foreign exchange, money market transactions, and fiduciary services.