Short Interest in BNP Paribas SA (OTCMKTS:BNPQY) Increases By 45.3%

BNP Paribas SA (OTCMKTS:BNPQY) was the target of a significant increase in short interest in October. As of October 31st, there was short interest totalling 7,700 shares, an increase of 45.3% from the October 15th total of 5,300 shares. Based on an average trading volume of 409,500 shares, the short-interest ratio is currently 0.0 days.

BNP Paribas Stock Performance

Shares of BNP Paribas stock traded up $0.54 during trading hours on Friday, reaching $31.75. The company had a trading volume of 315,091 shares, compared to its average volume of 230,078. The firm has a market cap of $71.76 billion, a PE ratio of 6.60, a price-to-earnings-growth ratio of 0.24 and a beta of 1.44. BNP Paribas has a one year low of $28.53 and a one year high of $39.32. The business has a fifty day simple moving average of $34.35 and a 200 day simple moving average of $34.54. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.81 and a quick ratio of 0.81.

BNP Paribas (OTCMKTS:BNPQY) last released its quarterly earnings results on Thursday, October 31st. The financial services provider reported $1.31 earnings per share for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.02). The business had revenue of $13.12 billion during the quarter, compared to analyst estimates of $13.13 billion. On average, analysts anticipate that BNP Paribas will post 5.22 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.