BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Down 58.6% in June

BNP Paribas SA (OTCMKTS:BNPQY) saw a large decrease in short interest during the month of June. As of June 30th, there was short interest totalling 69,100 shares, a decrease of 58.6% from the June 15th total of 167,100 shares. Based on an average daily volume of 910,700 shares, the short-interest ratio is presently 0.1 days.

BNP Paribas Stock Performance

Shares of BNPQY stock traded up $0.25 during mid-day trading on Friday, hitting $33.65. The stock had a trading volume of 268,380 shares, compared to its average volume of 432,484. BNP Paribas has a fifty-two week low of $28.24 and a fifty-two week high of $39.32. The firm has a market cap of $76.10 billion, a PE ratio of 7.06, a PEG ratio of 0.27 and a beta of 1.45. The company has a debt-to-equity ratio of 1.79, a current ratio of 0.81 and a quick ratio of 0.81. The company’s 50-day simple moving average is $35.12 and its 200-day simple moving average is $33.92.

BNP Paribas (OTCMKTS:BNPQY) last released its earnings results on Thursday, April 25th. The financial services provider reported $1.36 EPS for the quarter, topping the consensus estimate of $1.22 by $0.14. The firm had revenue of $13.55 billion during the quarter. Sell-side analysts anticipate that BNP Paribas will post 4.87 earnings per share for the current year.

BNP Paribas Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, June 24th. Investors of record on Monday, May 20th were paid a $2.4911 dividend. This is a boost from BNP Paribas’s previous dividend of $1.80. The ex-dividend date of this dividend was Friday, May 17th.

Analyst Ratings Changes

A number of equities research analysts have commented on BNPQY shares. The Goldman Sachs Group raised shares of BNP Paribas from a “neutral” rating to a “buy” rating in a research report on Tuesday, March 26th. Berenberg Bank raised shares of BNP Paribas to a “strong-buy” rating in a research report on Thursday, May 23rd.

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.