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

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

BNP Paribas Stock Up 1.7 %

BNPQY traded up $0.54 during trading on Friday, hitting $31.75. 315,091 shares of the company’s stock traded hands, compared to its average volume of 230,078. The company’s 50 day simple moving average is $34.35 and its two-hundred day simple moving average is $34.54. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.79. BNP Paribas has a 12-month low of $28.53 and a 12-month high of $39.32. The stock has a market capitalization of $71.76 billion, a price-to-earnings ratio of 6.60, a PEG ratio of 0.24 and a beta of 1.44.

BNP Paribas (OTCMKTS:BNPQY) last issued its earnings results on Thursday, October 31st. The financial services provider reported $1.31 EPS for the quarter, missing the consensus estimate 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. Analysts predict that BNP Paribas will post 5.22 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upgraded 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.