BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

Key Points

• BNP Paribas experienced a 55.0% increase in short interest in September, with a total of 111,300 shares compared to 71,800 shares in August.
• The company recently announced a dividend of $1.2622 per share, resulting in a yield of 272.0%, with a payout ratio of 58.72%.
• BNP Paribas holds an average rating of "Moderate Buy" from analysts, with one Strong Buy, three Buy ratings, and one Sell rating attributed to its stock.

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 111,300 shares, an increase of 55.0% from the August 31st total of 71,800 shares. Based on an average daily volume of 419,800 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 419,800 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analyst Weigh In

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

BNP Paribas Stock Performance

Shares of BNP Paribas stock opened at $44.19 on Tuesday. The stock has a market cap of $99.87 billion, a price-to-earnings ratio of 8.29, a P/E/G ratio of 0.77 and a beta of 1.07. BNP Paribas has a twelve month low of $28.93 and a twelve month high of $49.32. The company's fifty day moving average is $46.24 and its 200 day moving average is $44.16. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.78.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last announced its earnings results on Thursday, July 24th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping 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 business had revenue of $14.27 billion during the quarter, compared to analyst estimates of $12.75 billion. Sell-side 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 Wednesday, October 29th. Investors of record on Friday, September 26th will be issued a $1.2622 dividend. The ex-dividend date is Thursday, September 25th. This represents a yield of 272.0%. BNP Paribas's dividend payout ratio is presently 58.72%.

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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