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UniCredit (OTCMKTS:UNCFF) Sets New 1-Year High - Here's Why

UniCredit logo with Finance background

Shares of UniCredit S.p.A. (OTCMKTS:UNCFF - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $67.66 and last traded at $67.50, with a volume of 3062 shares changing hands. The stock had previously closed at $66.14.

UniCredit Trading Up 2.1%

The firm has a 50-day simple moving average of $59.35 and a 200-day simple moving average of $51.17.

Institutional Trading of UniCredit

A hedge fund recently raised its stake in UniCredit stock. GAMMA Investing LLC raised its stake in shares of UniCredit S.p.A. (OTCMKTS:UNCFF - Free Report) by 5,505.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 130,723 shares of the financial services provider's stock after buying an additional 128,391 shares during the quarter. GAMMA Investing LLC's holdings in UniCredit were worth $7,328,000 at the end of the most recent reporting period.

About UniCredit

(Get Free Report)

UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor solutions. The company also provides corporate finance advisory, rating advisory, financial sponsor, patient capital, capital structure advisory, and finance solutions, as well as securities services.

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