UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Short Interest Down 36.2% in May

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY - Get Free Report) saw a significant decrease in short interest in the month of May. As of May 31st, there was short interest totalling 62,800 shares, a decrease of 36.2% from the May 15th total of 98,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 700,400 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Keefe, Bruyette & Woods downgraded shares of UniCredit from a "moderate buy" rating to a "hold" rating in a report on Thursday, May 15th. The Goldman Sachs Group upgraded UniCredit to a "strong-buy" rating in a report on Thursday, March 27th.

UniCredit Stock Performance

OTCMKTS UNCRY traded up $0.38 on Thursday, reaching $32.38. The stock had a trading volume of 635,130 shares, compared to its average volume of 369,213. The firm has a fifty day moving average of $30.68 and a two-hundred day moving average of $26.20. UniCredit has a 1-year low of $17.75 and a 1-year high of $33.59.

About UniCredit

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.