Short Interest in UniCredit S.p.A. (OTCMKTS:UNCFF) Grows By 17.7%

UniCredit S.p.A. (OTCMKTS:UNCFF) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 2,727,400 shares, an increase of 17.7% from the August 15th total of 2,317,400 shares. Based on an average daily volume of 5,700 shares, the days-to-cover ratio is currently 478.5 days.

UniCredit Stock Performance

Shares of UniCredit stock traded down $0.03 on Monday, reaching $41.26. 4,700 shares of the stock were exchanged, compared to its average volume of 7,582. UniCredit has a one year low of $22.65 and a one year high of $42.48. The firm’s 50 day moving average is $40.14 and its 200-day moving average is $38.41.

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.