Short Interest in Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Expands By 210.0%

Banco Comercial Português, S.A. (OTCMKTS:BPCGFGet Rating) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totalling 35,689,000 shares, a growth of 210.0% from the June 30th total of 11,513,000 shares. Based on an average trading volume of 2,000 shares, the days-to-cover ratio is currently 17,844.5 days.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. raised their target price on Banco Comercial Português to €0.18 ($0.18) in a research report on Thursday, May 19th.

Banco Comercial Português Price Performance

Shares of Banco Comercial Português stock opened at $0.13 on Thursday. The business has a fifty day simple moving average of $0.15 and a 200-day simple moving average of $0.18. Banco Comercial Português has a 12 month low of $0.13 and a 12 month high of $0.26.

Banco Comercial Português Company Profile

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Banco Comercial Português, SA, together with its subsidiaries, provides various banking and financial products and services under the Millennium bcp brand. It operates through Retail Banking; Companies, Corporate & Investment Banking; Private Banking; Foreign Business; and Other segments. The company offers a range of financial products and services, including current accounts, payment systems, savings and investment products, private banking, asset management, and investment banking services, such as mortgage loans, personal loans, commercial banking, leasing, factoring and insurance, and others.

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