Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Short Interest Up 124.9% in April

Banco Comercial Português, S.A. (OTCMKTS:BPCGFGet Rating) was the target of a significant growth in short interest during the month of April. As of April 30th, there was short interest totalling 31,154,700 shares, a growth of 124.9% from the April 15th total of 13,855,700 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 311,547.0 days.

OTCMKTS:BPCGF remained flat at $$0.15 on Friday. The company has a fifty day moving average of $0.18 and a two-hundred day moving average of $0.19. Banco Comercial Português has a 52-week low of $0.13 and a 52-week high of $0.26.

Several research analysts have recently weighed in on BPCGF shares. Credit Suisse Group boosted their price objective on shares of Banco Comercial Português from €0.13 ($0.14) to €0.14 ($0.15) and gave the company an “underperform” rating in a report on Friday, February 25th. JPMorgan Chase & Co. lowered their target price on Banco Comercial Português from €0.19 ($0.20) to €0.17 ($0.18) and set a “neutral” rating on the stock in a research report on Monday, March 14th.

Banco Comercial Português Company Profile (Get Rating)

Banco Comercial Português, SA, together with its subsidiaries, provides various banking and financial products and services under the Millennium bcp brand. It operates through Retail Banking; Companies, Corporate & Investment Banking; Private Banking; Foreign Business; and Other segments. The company offers a range of financial products and services, including current accounts, payment systems, savings and investment products, private banking, asset management, and investment banking services, such as mortgage loans, personal loans, commercial banking, leasing, factoring and insurance, and others.

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