National Bank of Greece S.A. (OTCMKTS:NBGIF) Sees Significant Drop in Short Interest

National Bank of Greece S.A. (OTCMKTS:NBGIF) was the target of a significant drop in short interest in February. As of February 13th, there was short interest totaling 854,359 shares, a drop of 22.5% from the January 29th total of 1,102,669 shares. Based on an average trading volume of 7,697 shares, the days-to-cover ratio is presently 111.0 days. Based on an average trading volume of 7,697 shares, the days-to-cover ratio is presently 111.0 days.

National Bank of Greece Price Performance

NBGIF opened at $14.53 on Wednesday. The company’s 50 day simple moving average is $16.94 and its two-hundred day simple moving average is $15.62. National Bank of Greece has a 1-year low of $8.28 and a 1-year high of $19.00.

Analysts Set New Price Targets

Separately, National Bank Financial cut National Bank of Greece from a “buy” rating to a “neutral” rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, National Bank of Greece presently has an average rating of “Hold”.

About National Bank of Greece

National Bank of Greece (OTCMKTS:NBGIF) is one of Greece’s oldest and largest financial institutions, tracing its roots back to its establishment in 1841. Headquartered in Athens, the bank has played a pivotal role in the economic development of modern Greece and continues to serve as a cornerstone of the country’s banking sector. Over the years, National Bank of Greece has expanded its operations beyond its domestic market, reflecting its commitment to supporting trade and investment across the wider region.

The bank offers a comprehensive suite of financial products and services that span retail banking, corporate and investment banking, private banking, and asset management.