BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

Key Points

• BNP Paribas SA experienced a significant increase in short interest in August, rising 115.4% from 46,900 shares to 101,000 shares.
• The company's latest earnings report revealed an EPS of $1.64, exceeding expectations, with revenue at $14.27 billion.
• Analyst ratings for BNP Paribas are mixed, with one strong buy, three buy ratings, and one sell rating, resulting in an average rating of Moderate Buy.

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 101,000 shares, agrowthof115.4% from the July 31st total of 46,900 shares. Based on an average daily volume of 425,300 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 425,300 shares, the short-interest ratio is currently 0.2 days.

BNP Paribas Trading Up 2.2%

OTCMKTS:BNPQY opened at $45.33 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.78. The company's 50 day moving average is $45.94 and its 200-day moving average is $43.18. The firm has a market cap of $102.45 billion, a price-to-earnings ratio of 8.50, a P/E/G ratio of 0.74 and a beta of 1.13. BNP Paribas has a 12 month low of $28.93 and a 12 month high of $49.32.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last announced its earnings results on Thursday, July 24th. The financial services provider reported $1.64 EPS for the quarter, topping the consensus estimate of $1.55 by $0.09. The firm had revenue of $14.27 billion for the quarter, compared to the consensus estimate of $12.75 billion. BNP Paribas had a net margin of 22.65% and a return on equity of 8.40%. Equities analysts anticipate that BNP Paribas will post 5.02 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on BNPQY shares. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of BNP Paribas in a research note on Friday, July 25th. DZ Bank raised BNP Paribas from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 30th. Finally, Keefe, Bruyette & Woods lowered shares of BNP Paribas from a "hold" rating to a "moderate sell" rating in a research report on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy".

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.

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