BNP Paribas SA (OTCMKTS:BNPQY) Sees Significant Growth in Short Interest

BNP Paribas SA (OTCMKTS:BNPQY) was the recipient of a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 8,900 shares, a growth of 15.6% from the October 31st total of 7,700 shares. Based on an average daily volume of 657,500 shares, the short-interest ratio is presently 0.0 days.

BNP Paribas Stock Down 2.0 %

OTCMKTS:BNPQY traded down $0.61 during mid-day trading on Tuesday, reaching $29.23. The company’s stock had a trading volume of 327,626 shares, compared to its average volume of 323,438. BNP Paribas has a twelve month low of $28.53 and a twelve month high of $39.32. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 1.79. The company’s fifty day simple moving average is $33.32 and its two-hundred day simple moving average is $33.98.

BNP Paribas (OTCMKTS:BNPQY) last posted 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 for the quarter, compared to the consensus estimate of $13.13 billion. On average, equities research 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.

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.