UniCredit SpA (OTCMKTS:UNCFF) saw a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 5,741,400 shares, a growth of 30.4% from the March 31st total of 4,403,900 shares. Based on an average daily trading volume, of 700 shares, the short-interest ratio is currently 8,202.0 days.
UNCFF has been the topic of a number of recent research reports. UBS Group upgraded shares of UniCredit from a “neutral” rating to a “buy” rating in a report on Monday, February 1st. Barclays initiated coverage on shares of UniCredit in a report on Tuesday, January 26th. They set an “equal weight” rating on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of UniCredit from a “buy” rating to a “hold” rating in a report on Wednesday, March 10th. Zacks Investment Research downgraded shares of UniCredit from a “hold” rating to a “sell” rating in a report on Wednesday, April 21st. Finally, Societe Generale upgraded shares of UniCredit from a “sell” rating to a “hold” rating in a report on Tuesday, January 19th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $11.00.
OTCMKTS:UNCFF opened at $10.28 on Wednesday. The firm’s 50-day moving average is $10.59 and its 200-day moving average is $9.83. UniCredit has a 52-week low of $6.65 and a 52-week high of $11.51. The company has a debt-to-equity ratio of 1.66, a quick ratio of 1.04 and a current ratio of 1.04. The company has a market cap of $23.03 billion, a price-to-earnings ratio of 10.71 and a beta of 1.42.
UniCredit S.p.A. operates as a commercial bank. The company operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Corporate & Investment Banking, and Central Eastern Europe segments. It offers retail, corporate, and private banking services; investment services; leasing and factoring services; transactional, investment, and credit products and services; insurance solutions; and structured financing, hedging, and treasury solutions.
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