Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) Stock Short Interest Rises 791.7%

Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 107 shares, an increase of 791.7% from the October 15th total of 12 shares. Based on an average daily trading volume, of 19 shares, the short-interest ratio is currently 5.6 days.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank restated a “buy” rating on shares of Bank of Cyprus Holdings Public in a research note on Friday, September 4th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Bank of Cyprus Holdings Public Stock Performance

OTCMKTS:BKCYF opened at C$12.11 on Thursday. The company’s 50-day moving average price is C$12.60 and its two-hundred day moving average price is C$11.71. Bank of Cyprus Holdings Public has a 12 month low of C$9.87 and a 12 month high of C$12.90.

Bank of Cyprus Holdings Public Company Profile

Bank of Cyprus Holdings Public Company Limited is the holding company of Bank of Cyprus Public Company Limited, a financial services group focused primarily on the Cypriot market. The group provides banking services to individuals, businesses and institutional clients. Its services include deposit accounts, lending, payment and card services, digital banking, corporate banking and wealth management. Through group companies, it also offers insurance products. The bank traces its origins to 1899 and has a longstanding presence in Cyprus.