BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

Key Points

• BNP Paribas experienced a **28.9% decrease** in short interest in August, with total short interest dropping to **71,800 shares** from **101,000 shares**.
• Analyst ratings for BNP Paribas are mixed, with one **Strong Buy**, several **Buy**, and one **Sell** rating, leading to an average rating of **"Moderate Buy."**
• The company reported **$1.64 earnings per share** in its last quarterly results, exceeding estimates and achieving a net margin of **22.65%** on **$14.27 billion** in revenue.

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 71,800 shares, a decrease of 28.9% from the August 15th total of 101,000 shares. Based on an average daily trading volume, of 824,600 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 824,600 shares, the days-to-cover ratio is currently 0.1 days.

Analysts Set New Price Targets

Several analysts recently weighed in on BNPQY shares. Keefe, Bruyette & Woods downgraded BNP Paribas from a "hold" rating to a "moderate sell" rating in a research report on Thursday, August 21st. Royal Bank Of Canada restated an "outperform" rating on shares of BNP Paribas in a research report on Friday, July 25th. Finally, DZ Bank upgraded BNP Paribas from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy".

BNP Paribas Trading Up 1.6%

Shares of BNPQY stock opened at $47.35 on Tuesday. The stock has a market cap of $107.01 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 0.78 and a beta of 1.13. The stock has a 50-day moving average of $46.10 and a 200-day moving average of $43.68. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.78. BNP Paribas has a 1-year low of $28.93 and a 1-year high of $49.32.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The financial services provider reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.55 by $0.09. BNP Paribas had a return on equity of 8.40% and a net margin of 22.65%.The company had revenue of $14.27 billion during the quarter, compared to analysts' expectations of $12.75 billion. On average, equities research analysts forecast that BNP Paribas will post 5.02 earnings per share for the current year.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.