Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Sees Large Drop in Short Interest

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) saw a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 5,709,045 shares, a decrease of 70.6% from the May 14th total of 19,422,823 shares. Based on an average daily volume of 1,858 shares, the short-interest ratio is presently 3,072.7 days.

Banco Comercial Português Price Performance

Shares of BPCGF stock remained flat at $1.03 during trading on Friday. The business’s 50 day moving average is $1.00 and its 200 day moving average is $0.97. Banco Comercial Português has a one year low of $1.00 and a one year high of $1.12.

Banco Comercial Português Company Profile

Banco Comercial Português, SA operates as the largest private sector bank in Portugal, conducting a broad range of banking activities under the brand Millennium bcp. The bank serves individual customers, small and medium-sized enterprises and large corporate clients through a network of branches, online channels and partner points of sale. Its core services include deposit accounts, consumer and mortgage lending, payment cards and electronic banking.

Founded in 1985 during the privatization of state-owned banking assets, Banco Comercial Português has expanded beyond its domestic market.