BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Down 76.8% in April

BNP Paribas SA (OTCMKTS:BNPQY) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 15,600 shares, a decline of 76.8% from the March 31st total of 67,300 shares. Based on an average daily volume of 403,000 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised BNP Paribas from a “neutral” rating to a “buy” rating in a research report on Tuesday, March 26th.

BNP Paribas Trading Down 2.5 %

Shares of BNP Paribas stock traded down $0.92 on Friday, reaching $35.88. 141,246 shares of the company were exchanged, compared to its average volume of 186,406. The stock has a fifty day moving average price of $33.58 and a 200-day moving average price of $32.39. The firm has a market capitalization of $82.34 billion, a price-to-earnings ratio of 7.78, a price-to-earnings-growth ratio of 0.32 and a beta of 1.48. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 1.66. BNP Paribas has a fifty-two week low of $28.24 and a fifty-two week high of $36.96.

BNP Paribas Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 24th. Investors of record on Monday, May 20th will be given a dividend of $2.4911 per share. This is a positive change from BNP Paribas’s previous dividend of $1.80. The ex-dividend date of this dividend is Friday, May 17th.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.