Short Interest in Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) Declines By 73.7%

Piraeus Financial Holdings S.A. (OTCMKTS:BPIRYGet Rating) was the target of a significant decline in short interest in April. As of April 30th, there was short interest totalling 500 shares, a decline of 73.7% from the April 15th total of 1,900 shares. Based on an average trading volume of 4,700 shares, the short-interest ratio is presently 0.1 days.

Separately, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Piraeus Financial in a report on Tuesday, January 18th. They issued a “hold” rating on the stock.

Shares of OTCMKTS BPIRY traded down $0.03 on Thursday, hitting $1.28. The company’s stock had a trading volume of 2,920 shares, compared to its average volume of 6,186. Piraeus Financial has a 12-month low of $1.25 and a 12-month high of $3.24. The stock has a 50 day moving average of $1.42 and a 200-day moving average of $1.51.

About Piraeus Financial (Get Rating)

Piraeus Financial Holdings SA provides banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, and Other segments. The company offers time, structured, deposit, saving, current, and business accounts; mortgage, consumer, personal, home improvement, farming, restructuring, and working capital loans; overdrafts; credit, debit, contract farming, and prepaid cards; mutual funds, treasury bonds, equities, dual currency deposits, treasury interest-bearing notes, asset management solutions, and gold sovereigns and gold bars; and car, home, civil liability, health, endowment, accident/life, lifestyle, agricultural, photovoltaic park, trade credit, business premises, and corporate insurances.

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