BPER Banca SpA (OTCMKTS:BPXXY) Short Interest Up 3,564.8% in January

BPER Banca SpA (OTCMKTS:BPXXY) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 3,848 shares, an increase of 3,564.8% from the December 31st total of 105 shares. Based on an average daily trading volume, of 1,078 shares, the days-to-cover ratio is currently 3.6 days. Based on an average daily trading volume, of 1,078 shares, the days-to-cover ratio is currently 3.6 days.

BPER Banca Stock Performance

Shares of BPER Banca stock opened at $29.65 on Thursday. The stock has a 50 day moving average of $27.26 and a 200 day moving average of $24.01. BPER Banca has a fifty-two week low of $13.23 and a fifty-two week high of $29.74.

BPER Banca Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, December 11th. Investors of record on Monday, December 1st were given a dividend of $0.1253 per share. This represents a dividend yield of 409.0%. The ex-dividend date of this dividend was Friday, November 28th.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley began coverage on BPER Banca in a report on Monday, January 5th. They set an “overweight” rating on the stock. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy”.

BPER Banca Company Profile

BPER Banca S.p.A., formerly known as Banca Popolare dell’Emilia Romagna, is an Italian banking group headquartered in Modena, Italy. Established in 1867, the company provides a broad range of financial services to retail, corporate and institutional clients. BPER Banca operates through an extensive branch network across Italy and maintains an over‐the‐counter listing in the United States under the ticker symbol BPXXY.

The bank’s core activities encompass traditional retail banking products—such as current and savings accounts, mortgages and personal loans—alongside corporate lending, trade finance, leasing and factoring services.