Bank of Ireland Group plc (OTCMKTS:BKRIY) Sees Significant Increase in Short Interest

Bank of Ireland Group plc (OTCMKTS:BKRIY) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 39,047 shares, a growth of 381.6% from the May 14th total of 8,107 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 45,834 shares, the short-interest ratio is currently 0.9 days.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on BKRIY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Bank of Ireland Group in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bank of Ireland Group in a research report on Monday, April 13th. Zacks Research upgraded Bank of Ireland Group to a “hold” rating in a report on Wednesday, April 29th. Finally, Barclays upgraded Bank of Ireland Group from an “equal weight” rating to an “overweight” rating in a report on Wednesday, April 15th. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Bank of Ireland Group has a consensus rating of “Moderate Buy”.

Bank of Ireland Group Stock Performance

Shares of Bank of Ireland Group stock opened at $19.45 on Thursday. The business has a 50-day moving average of $19.49 and a 200 day moving average of $19.18. Bank of Ireland Group has a 12 month low of $13.01 and a 12 month high of $21.11.

Bank of Ireland Group Company Profile

Bank of Ireland Group (OTCMKTS:BKRIY) is a leading financial services provider headquartered in Dublin, Ireland. Established in 1783, the bank has grown to become one of the country’s largest banking institutions, offering a diverse range of products and services to retail, corporate and institutional clients. The group’s core operations include traditional retail banking, corporate and commercial banking, and wealth and asset management.

In the retail segment, Bank of Ireland provides deposit accounts, personal loans, credit cards, mortgages and insurance solutions to individual customers.