UniCredit S.p.A. (OTCMKTS:UNCRY) Short Interest Up 67.6% in March

UniCredit S.p.A. (OTCMKTS:UNCRY) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 84,800 shares, a growth of 67.6% from the March 15th total of 50,600 shares. Based on an average trading volume of 1,560,000 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

UniCredit Price Performance

UNCRY stock opened at $28.41 on Friday. The business’s 50-day simple moving average is $27.10 and its 200 day simple moving average is $23.30. UniCredit has a twelve month low of $17.16 and a twelve month high of $30.19.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised shares of UniCredit to a “strong-buy” rating in a research report on Thursday, March 27th.

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.