UniCredit S.p.A. (OTCMKTS:UNCRY) Short Interest Up 137.1% in May

UniCredit S.p.A. (OTCMKTS:UNCRY - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 98,400 shares, an increase of 137.1% from the April 30th total of 41,500 shares. Based on an average trading volume of 813,800 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company's shares are short sold.

Analysts Set New Price Targets

Several research firms have weighed in on UNCRY. The Goldman Sachs Group upgraded UniCredit to a "strong-buy" rating in a report on Thursday, March 27th. Keefe, Bruyette & Woods lowered UniCredit from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th.

UniCredit Stock Up 0.2%

OTCMKTS UNCRY traded up $0.06 on Friday, hitting $32.04. 437,064 shares of the company's stock were exchanged, compared to its average volume of 1,170,619. The stock has a 50-day moving average of $29.11 and a 200-day moving average of $25.12. UniCredit has a 52 week low of $17.16 and a 52 week high of $32.91.

UniCredit Company Profile

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.