Eurobank Ergasias Services and Holdings S.A. (OTCMKTS:EGFEY) Sees Significant Increase in Short Interest

Eurobank Ergasias Services and Holdings S.A. (OTCMKTS:EGFEY) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 16,900 shares, an increase of 39.7% from the February 13th total of 12,100 shares. Based on an average daily trading volume, of 348,700 shares, the days-to-cover ratio is currently 0.0 days.

Eurobank Ergasias Services and Price Performance

Shares of EGFEY stock opened at $1.38 on Tuesday. The stock’s 50-day simple moving average is $1.24 and its 200-day simple moving average is $1.13. Eurobank Ergasias Services and has a fifty-two week low of $0.87 and a fifty-two week high of $1.39.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group lowered shares of Eurobank Ergasias Services and from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 10th.

About Eurobank Ergasias Services and

Eurobank Ergasias Services and Holdings SA, together with its subsidiaries, provides retail banking, corporate and private banking, asset management, treasury, capital market, and other services primarily in Greece, rest of Europe, and internationally. It operates through Retail, Corporate, Global Markets & Asset Management, International, Remedial and Servicing Strategy, and Investment Property.