UniCredit S.p.A. (OTCMKTS:UNCRY) Sees Large Increase in Short Interest

UniCredit S.p.A. (OTCMKTS:UNCRY) saw a significant increase in short interest in October. As of October 31st, there was short interest totalling 226,200 shares, an increase of 67.8% from the October 15th total of 134,800 shares. Based on an average daily trading volume, of 417,900 shares, the short-interest ratio is currently 0.5 days.

UniCredit Stock Performance

Shares of OTCMKTS UNCRY traded down $0.28 during mid-day trading on Wednesday, hitting $21.29. 188,892 shares of the stock were exchanged, compared to its average volume of 216,938. The stock’s fifty day simple moving average is $21.40 and its two-hundred day simple moving average is $20.18. UniCredit has a twelve month low of $12.78 and a twelve month high of $23.44.

About UniCredit

UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor solutions. The company also provides corporate finance advisory, rating advisory, financial sponsor, patient capital, capital structure advisory, and finance solutions, as well as securities services.