BNP Paribas SA (OTCMKTS:BNPQY) Sees Significant Growth in Short Interest

BNP Paribas SA (OTCMKTS:BNPQY) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 72,500 shares, a growth of 222.2% from the December 15th total of 22,500 shares. Based on an average daily trading volume, of 655,900 shares, the short-interest ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada upgraded shares of BNP Paribas to a “moderate buy” rating in a research report on Wednesday, October 9th.

BNP Paribas Stock Performance

Shares of BNP Paribas stock opened at $30.76 on Tuesday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.81 and a current ratio of 0.81. The business’s 50 day moving average price is $30.76 and its 200 day moving average price is $33.04. The company has a market cap of $69.52 billion, a price-to-earnings ratio of 6.44, a PEG ratio of 0.23 and a beta of 1.36. BNP Paribas has a one year low of $28.53 and a one year high of $39.32.

BNP Paribas (OTCMKTS:BNPQY) last released its quarterly earnings data on Thursday, October 31st. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.33 by ($0.02). The company had revenue of $13.12 billion for the quarter, compared to analysts’ expectations of $13.13 billion. On average, research analysts predict that BNP Paribas will post 5.27 EPS for the current year.

About BNP Paribas

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.