UniCredit S.p.A. (OTCMKTS:UNCFF – Get Free Report) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totalling 832,100 shares, a drop of 26.5% from the June 15th total of 1,132,800 shares. Based on an average trading volume of 2,500 shares, the short-interest ratio is currently 332.8 days.
Analyst Ratings Changes
Separately, Berenberg Bank upgraded UniCredit to a “strong-buy” rating in a report on Thursday, May 9th.
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UniCredit Stock Performance
About UniCredit
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.
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