Short Interest in BNP Paribas SA (OTCMKTS:BNPQY) Decreases By 62.7%

BNP Paribas SA (OTCMKTS:BNPQY) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totalling 5,300 shares, a decline of 62.7% from the September 30th total of 14,200 shares. Based on an average trading volume of 264,000 shares, the days-to-cover ratio is presently 0.0 days.

BNP Paribas Trading Down 0.8 %

OTCMKTS BNPQY opened at $35.14 on Friday. The company’s fifty day moving average price is $34.69 and its two-hundred day moving average price is $34.77. The company has a market capitalization of $79.47 billion, a price-to-earnings ratio of 7.52, a price-to-earnings-growth ratio of 0.27 and a beta of 1.44. BNP Paribas has a 12 month low of $28.24 and a 12 month high of $39.32. 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 posted its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $1.51 EPS for the quarter, topping analysts’ consensus estimates of $1.37 by $0.14. The firm had revenue of $13.21 billion during the quarter, compared to analyst estimates of $12.92 billion. As a group, research analysts predict that BNP Paribas will post 5.02 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded 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.