Short Interest in BNP PARIBAS/S (OTCMKTS:BNPQY) Decreases By 23.4%

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BNP PARIBAS/S (OTCMKTS:BNPQY) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 43,900 shares, a decline of 23.4% from the August 15th total of 57,300 shares. Based on an average daily volume of 234,600 shares, the short-interest ratio is presently 0.2 days.

Several equities analysts have issued reports on the company. Zacks Investment Research lowered BNP PARIBAS/S from a “buy” rating to a “hold” rating in a research note on Wednesday. ValuEngine lowered BNP PARIBAS/S from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 18th.

Shares of BNP PARIBAS/S stock traded down $0.16 on Wednesday, reaching $21.02. 357,516 shares of the company were exchanged, compared to its average volume of 415,231. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.81 and a current ratio of 0.81. The company’s 50-day moving average is $21.44 and its two-hundred day moving average is $18.91. The firm has a market cap of $52.47 billion, a price-to-earnings ratio of 6.82, a P/E/G ratio of 2.44 and a beta of 1.35. BNP PARIBAS/S has a 1-year low of $13.18 and a 1-year high of $30.13.

BNP PARIBAS/S (OTCMKTS:BNPQY) last announced its quarterly earnings results on Friday, July 31st. The financial services provider reported $0.97 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.19. The business had revenue of $12.85 billion for the quarter, compared to analysts’ expectations of $13.02 billion. BNP PARIBAS/S had a return on equity of 6.49% and a net margin of 16.45%. As a group, sell-side analysts forecast that BNP PARIBAS/S will post 2.47 earnings per share for the current year.

BNP PARIBAS/S Company Profile

BNP Paribas SA provides a range of banking and financial services in France and internationally. It operates through two divisions, Retail Banking and Services, and Corporate and Institutional Banking. The company offers long-term corporate vehicle leasing, and rental and other financing solutions; and digital banking and investment services, cash management, and factoring services to corporate clients, as well as wealth management services.

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