Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF – Get Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 44 shares, a drop of 78.9% from the June 30th total of 209 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.
Bank of Cyprus Holdings Public Stock Performance
BKCYF opened at C$11.96 on Monday. The stock’s 50 day simple moving average is C$11.91 and its 200 day simple moving average is C$11.08. Bank of Cyprus Holdings Public has a 1 year low of C$9.87 and a 1 year high of C$11.96.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Bank of Cyprus Holdings Public in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.
About Bank of Cyprus Holdings Public
Bank of Cyprus Holdings Public (OTCMKTS:BKCYF) is the largest banking and financial services group in Cyprus, offering a comprehensive range of products to retail, corporate and institutional clients. The group’s core activities include deposit-taking, lending, trade finance, payments and cash management. It also provides wealth management, private banking, insurance brokerage and pension administration services through its fully owned subsidiaries.
Established in 1899 and headquartered in Nicosia, Bank of Cyprus has evolved into a universal bank with a strong local franchise and a selective international presence.
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