Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Sees Large Growth in Short Interest

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 2,402,718 shares, a growth of 89.8% from the February 26th total of 1,266,147 shares. Based on an average daily trading volume, of 3 shares, the short-interest ratio is presently 800,906.0 days.

Banco Comercial Português Stock Performance

OTCMKTS:BPCGF remained flat at $0.96 during mid-day trading on Thursday. Banco Comercial Português has a 1 year low of $0.50 and a 1 year high of $0.96. The business’s 50 day simple moving average is $0.96 and its 200-day simple moving average is $0.93.

About Banco Comercial Português

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.