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 in the month of November. As of November 30th, there was short interest totalling 20,100 shares, a growth of 125.8% from the November 15th total of 8,900 shares. Based on an average trading volume of 669,100 shares, the days-to-cover ratio is presently 0.0 days.

BNP Paribas Stock Down 1.9 %

BNP Paribas stock opened at $30.73 on Friday. The firm’s 50 day moving average price is $32.60 and its two-hundred day moving average price is $33.61. BNP Paribas has a twelve month low of $28.53 and a twelve month high of $39.32. The firm has a market cap of $69.45 billion, a PE ratio of 6.62, a P/E/G ratio of 0.23 and a beta of 1.38. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.81 and a current ratio of 0.81.

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

Analyst Upgrades and Downgrades

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

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.