Short Interest in Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) Rises By 159.8%

Piraeus Financial Holdings S.A. (OTCMKTS:BPIRY) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 106,500 shares, an increase of 159.8% from the December 15th total of 41,000 shares. Based on an average trading volume of 496,500 shares, the days-to-cover ratio is currently 0.2 days.

Piraeus Financial Price Performance

Shares of OTCMKTS:BPIRY traded down $0.01 during trading on Wednesday, reaching $4.24. 130,214 shares of the stock were exchanged, compared to its average volume of 134,177. The stock has a fifty day moving average of $4.04 and a two-hundred day moving average of $4.07. Piraeus Financial has a 1-year low of $3.43 and a 1-year high of $4.65.

About Piraeus Financial

Piraeus Financial Holdings SA, together with its subsidiaries, provides banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, Other, and NPE Management Unit segments. The company offers saving, current, term, blocked, guaranteed, and other deposits; retail lending products, such as mortgages, consumer, personal, and other retail loans, as well as credit cards; and corporate lending for large corporations, small and medium-sized enterprises, as well as for public sectors.