UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY) Short Interest Up 73.7% in July

Key Points

• Short interest in UniCredit S.p.A. saw a dramatic increase of 73.7% in July, totaling 122,800 shares by July 31, up from 70,700 shares mid-month.
• UniCredit's current stock price is $40.72, showing a slight increase of 0.8%, with a 52-week range between $18.70 and $40.74.
• Analyst firm Keefe, Bruyette & Woods downgraded UniCredit from a "moderate buy" to a "hold" rating as of May 15.

UniCredit S.p.A. Unsponsored ADR (OTCMKTS:UNCRY - Get Free Report) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 122,800 shares, agrowthof73.7% from the July 15th total of 70,700 shares. Based on an average daily trading volume, of 501,500 shares, the short-interest ratio is currently 0.2 days. Currently,0.0% of the shares of the company are short sold. Currently,0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 501,500 shares, the short-interest ratio is currently 0.2 days.

UniCredit Stock Up 0.9%

OTCMKTS:UNCRY traded up $0.35 during trading hours on Friday, reaching $40.46. 162,554 shares of the company's stock were exchanged, compared to its average volume of 866,643. The company has a 50-day moving average of $35.53 and a 200 day moving average of $30.93. UniCredit has a 1-year low of $18.70 and a 1-year high of $40.74.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods lowered shares of UniCredit from a "moderate buy" rating to a "hold" rating in a research report on Thursday, May 15th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, UniCredit currently has an average rating of "Buy".

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.