Alpha Services and Holdings SA – Sponsored ADR (OTCMKTS:ALBKY) Sees Significant Drop in Short Interest

Alpha Services and Holdings SA – Sponsored ADR (OTCMKTS:ALBKY) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 3,100 shares, a drop of 89.4% from the August 15th total of 29,300 shares. Based on an average daily trading volume, of 250,900 shares, the short-interest ratio is currently 0.0 days. Based on an average daily trading volume, of 250,900 shares, the short-interest ratio is currently 0.0 days.

Alpha Services and Trading Down 1.0%

OTCMKTS ALBKY opened at $0.91 on Friday. Alpha Services and has a 1 year low of $0.34 and a 1 year high of $1.10. The company’s 50 day simple moving average is $0.93 and its two-hundred day simple moving average is $0.76.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Alpha Services and to a “hold” rating in a report on Monday, August 11th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

About Alpha Services and

Alpha Services and Holdings SA, together with its subsidiaries, provides various banking and financial products and services in Greece and internationally. The company provides various deposit products, including savings, current, time deposits, and other deposit products; mortgage, consumer, corporate, and business loans, as well as leasing products, factoring services, letters of guarantee, etc.; and insurance and bancassurance products.