Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGY) Sees Significant Increase in Short Interest

Key Points

• Short interest for Banco Comercial Portugues S.A. saw a dramatic increase of 1,100.0% in August, reaching a total of 1,200 shares as of August 15th.
• The company's stock price remains stable at $8.47, with a 52-week high of $9.13 and a low of $4.35.
• Banco Comercial Portugues cut its dividend, with a recent payment of $0.03 per share, reflecting a high dividend yield of 434.0%.

Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGY - Get Free Report) saw a large increase in short interest in August. As of August 15th, there was short interest totaling 1,200 shares, anincreaseof1,100.0% from the July 31st total of 100 shares. Based on an average trading volume of 200 shares, the short-interest ratio is presently 6.0 days. Based on an average trading volume of 200 shares, the short-interest ratio is presently 6.0 days.

Banco Comercial Portugues Stock Performance

Shares of BPCGY stock remained flat at $8.47 during trading hours on Friday. 100 shares of the stock traded hands, compared to its average volume of 268. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.17 and a current ratio of 1.17. Banco Comercial Portugues has a twelve month low of $4.35 and a twelve month high of $9.13. The firm has a 50 day moving average price of $7.85 and a 200-day moving average price of $6.95.

Banco Comercial Portugues Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, June 20th. Shareholders of record on Thursday, June 19th were issued a dividend of $0.03 per share. This represents a yield of 434.0%. The ex-dividend date of this dividend was Wednesday, June 18th.

Banco Comercial Portugues Company Profile

Banco Comercial Português, SA, a private sector bank, engages in the provision of various banking and financial products and services in Portugal and internationally. It operates through Retail Banking; Companies, Corporate & Investment Banking; Private Banking; Foreign Business; and Other segments.