Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Short Interest Update

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 5,709,045 shares, a decrease of 70.6% from the May 14th total of 19,422,823 shares. Based on an average daily volume of 1,858 shares, the days-to-cover ratio is presently 3,072.7 days.

Banco Comercial Português Stock Performance

OTCMKTS BPCGF remained flat at $1.03 during trading hours on Friday. The company had a trading volume of 2,644 shares, compared to its average volume of 1,381. The business’s 50 day moving average price is $1.00 and its 200-day moving average price is $0.97. Banco Comercial Português has a twelve month low of $1.00 and a twelve month high of $1.12.

Banco Comercial Português Company Profile

Banco Comercial Português, SA operates as the largest private sector bank in Portugal, conducting a broad range of banking activities under the brand Millennium bcp. The bank serves individual customers, small and medium-sized enterprises and large corporate clients through a network of branches, online channels and partner points of sale. Its core services include deposit accounts, consumer and mortgage lending, payment cards and electronic banking.

Founded in 1985 during the privatization of state-owned banking assets, Banco Comercial Português has expanded beyond its domestic market.