Banco Comercial Português, S.A. (OTCMKTS:BPCGY) Short Interest Up 70.0% in March

Banco Comercial Português, S.A. (OTCMKTS:BPCGY) saw a significant growth in short interest during the month of March. As of March 15th, there was short interest totalling 1,700 shares, a growth of 70.0% from the February 28th total of 1,000 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 1.9 days. Currently, 0.0% of the company’s stock are sold short.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Banco Comercial Português to a “strong-buy” rating in a research report on Thursday, March 6th.

Banco Comercial Português Price Performance

OTCMKTS BPCGY remained flat at $6.50 on Monday. The company’s 50 day simple moving average is $5.51 and its two-hundred day simple moving average is $5.13. Banco Comercial Português has a fifty-two week low of $4.11 and a fifty-two week high of $6.65.

About Banco Comercial Português

Banco Comercial Português, SA, a private sector bank, engages in the provision of various banking and financial products and services in Portugal and internationally. It operates through Retail Banking; Companies, Corporate & Investment Banking; Private Banking; Foreign Business; and Other segments.