Could BNP PARIBAS SPONS AD (OTCMKTS:BNPQY) See a Reversal After More Sellers Came In?

January 13, 2018 - By Lynda A. Deweese

The stock of BNP PARIBAS SPONS AD (OTCMKTS:BNPQY) registered an increase of 5.36% in short interest. BNPQY’s total short interest was 53,100 shares in January as published by FINRA. Its up 5.36% from 50,400 shares, reported previously. With 183,100 shares average volume, it will take short sellers 0 days to cover their BNPQY’s short positions.

The stock increased 1.52% or $0.62 during the last trading session, reaching $41.16. About 73,785 shares traded. BNP Paribas SA (OTCMKTS:BNPQY) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

BNP Paribas SA provides a range of banking and financial services in France and internationally. The company has market cap of $100.66 billion. The firm operates through three divisions: Domestic Markets, International Financial Services, and Corporate and Institutional Banking. It has a 11.56 P/E ratio. It offers long-term corporate vehicle leasing, and rental and other financing solutions; and online savings and brokerage, cash management, and factoring services to corporate clients.

BNP Paribas SA (OTCMKTS:BNPQY) Ratings Coverage

Among 5 analysts covering BNP Paribas (OTCMKTS:BNPQY), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. BNP Paribas had 5 analyst reports since July 27, 2015 according to SRatingsIntel. The company was upgraded on Monday, July 27 by Goldman Sachs. The stock has “Neutral” rating by Credit Suisse on Friday, September 16. The rating was upgraded by Kepler Cheuvreux to “Buy” on Friday, January 6. The firm has “Neutral” rating given on Wednesday, October 19 by JP Morgan. Jefferies initiated the stock with “Hold” rating in Wednesday, September 14 report.

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