Short Interest in BNP Paribas SA (OTCMKTS:BNPQY) Drops By 24.6%

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totalling 93,000 shares, a drop of 24.6% from the April 30th total of 123,300 shares. Based on an average trading volume of 520,700 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company's stock are short sold.

BNP Paribas Stock Performance

Shares of BNP Paribas stock traded down $0.29 during trading on Thursday, hitting $43.79. 110,711 shares of the company's stock were exchanged, compared to its average volume of 347,470. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.81 and a current ratio of 0.74. The business has a 50-day simple moving average of $41.78 and a 200-day simple moving average of $37.01. BNP Paribas has a 52-week low of $28.93 and a 52-week high of $46.90. The stock has a market capitalization of $98.97 billion, a price-to-earnings ratio of 8.29, a PEG ratio of 0.77 and a beta of 1.14.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The financial services provider reported $1.28 earnings per share for the quarter, missing analysts' consensus estimates of $1.45 by ($0.17). The firm had revenue of $13.63 billion during the quarter, compared to analysts' expectations of $13.41 billion. BNP Paribas had a net margin of 23.95% and a return on equity of 8.90%. On average, research analysts forecast that BNP Paribas will post 5.02 EPS for the current year.

BNP Paribas Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, May 19th will be paid a dividend of $1.951 per share. The ex-dividend date is Friday, May 16th. This represents a dividend yield of 4.38%. BNP Paribas's dividend payout ratio is currently 37.50%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Barclays restated an "overweight" rating on shares of BNP Paribas in a research note on Tuesday, April 15th. Kepler Capital Markets cut shares of BNP Paribas from a "hold" rating to a "strong sell" rating in a report on Wednesday, April 2nd. Finally, Citigroup reaffirmed a "buy" rating on shares of BNP Paribas in a report on Tuesday, March 11th.

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.