Short Interest in Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Decreases By 46.4%

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,059,184 shares, a decline of 46.4% from the May 31st total of 5,709,045 shares. Based on an average daily trading volume, of 481 shares, the days-to-cover ratio is presently 6,360.0 days.

Banco Comercial Português Stock Performance

Shares of BPCGF stock remained flat at $1.05 during mid-day trading on Thursday. The stock’s 50-day simple moving average is $1.02 and its 200-day simple moving average is $0.98. Banco Comercial Português has a 1-year low of $1.00 and a 1-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.