BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Update

Key Points

• Short interest in BNP Paribas rose 55.1% to 230,424 shares as of September 15, up from 148,604 shares at the end of August. Short interest represents approximately 0.0% of shares outstanding, with a 0.3-day short-interest ratio.
• Analyst sentiment is generally positive, with one Strong Buy, three Buy and four Hold ratings, resulting in a MarketBeat consensus rating of Moderate Buy.
• BNP Paribas exceeded quarterly expectations, reporting $2.16 in EPS versus the $1.92 consensus estimate and $16.38 billion in revenue versus $15.44 billion expected.

BNP Paribas SA (OTCMKTS:BNPQY - Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 230,424 shares, an increase of 55.1% from the August 31st total of 148,604 shares. Based on an average daily trading volume, of 872,236 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the company's stock are short sold.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BNPQY shares. DZ Bank raised shares of BNP Paribas from a "hold" rating to a "strong-buy" rating in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of BNP Paribas in a research note on Wednesday, July 15th. Citigroup reiterated a "buy" rating on shares of BNP Paribas in a research note on Monday, July 20th. Royal Bank Of Canada restated an "outperform" rating on shares of BNP Paribas in a research note on Monday, July 27th. Finally, Kepler Capital Markets raised shares of BNP Paribas from a "strong sell" rating to a "hold" rating in a research report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy".

BNP Paribas Stock Performance

OTCMKTS BNPQY opened at $53.41 on Thursday. The firm has a market capitalization of $117.67 billion, a P/E ratio of 7.91, a PEG ratio of 0.54 and a beta of 0.76. BNP Paribas has a fifty-two week low of $37.50 and a fifty-two week high of $65.50. The stock has a 50-day simple moving average of $60.78 and a two-hundred day simple moving average of $56.27. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.76 and a current ratio of 0.76.

BNP Paribas (OTCMKTS:BNPQY - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.92 by $0.24. BNP Paribas had a return on equity of 10.32% and a net margin of 25.22%.The company had revenue of $16.38 billion during the quarter, compared to the consensus estimate of $15.44 billion. On average, equities analysts forecast that BNP Paribas will post 6.71 earnings per share for the current year.

BNP Paribas Company Profile

BNP Paribas is a major European banking group headquartered in France. The company provides banking and financial services to individual customers, businesses, institutional clients and public-sector organizations through a range of operations spanning retail banking, commercial banking, corporate and institutional banking, and investment and protection services.

Its activities include deposit and lending products, payment services, consumer finance, wealth management, insurance, asset management, securities services, and capital-markets and advisory services.

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