BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Up 222.2% in January

BNP Paribas SA (OTCMKTS:BNPQY) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 72,500 shares, a growth of 222.2% from the December 31st total of 22,500 shares. Based on an average daily volume of 655,900 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada raised shares of BNP Paribas to a “moderate buy” rating in a research note on Wednesday, October 9th.

BNP Paribas Trading Up 2.0 %

Shares of BNPQY stock traded up $0.68 during trading hours on Thursday, hitting $34.28. 288,754 shares of the company were exchanged, compared to its average volume of 427,640. BNP Paribas has a 1 year low of $28.53 and a 1 year high of $39.32. The firm has a fifty day moving average of $30.94 and a 200 day moving average of $32.98. 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 (OTCMKTS:BNPQY) last posted its quarterly earnings results on Thursday, October 31st. The financial services provider reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.33 by ($0.02). BNP Paribas had a net margin of 21.92% and a return on equity of 8.09%. The firm had revenue of $13.12 billion for the quarter, compared to analysts’ expectations of $13.13 billion. As a group, equities research analysts predict that BNP Paribas will post 4.88 earnings per share for the current fiscal year.

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.