BNP Paribas SA (OTCMKTS:BNPQY) Short Interest Up 45.3% in October

BNP Paribas SA (OTCMKTS:BNPQY) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 7,700 shares, an increase of 45.3% from the October 15th total of 5,300 shares. Based on an average daily trading volume, of 409,500 shares, the days-to-cover ratio is presently 0.0 days.

BNP Paribas Stock Down 0.1 %

BNPQY traded down $0.03 on Friday, hitting $31.21. 330,685 shares of the company were exchanged, compared to its average volume of 273,719. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 1.79. The company has a market cap of $70.53 billion, a price-to-earnings ratio of 6.60, a price-to-earnings-growth ratio of 0.24 and a beta of 1.44. The firm has a 50-day moving average price of $34.40 and a two-hundred day moving average price of $34.57. BNP Paribas has a twelve month low of $28.53 and a twelve month high of $39.32.

BNP Paribas (OTCMKTS:BNPQY) last issued its earnings results on Thursday, October 31st. The financial services provider reported $1.31 earnings per share for the quarter, missing the consensus estimate of $1.33 by ($0.02). The company had revenue of $13.12 billion during the quarter, compared to analyst estimates of $13.13 billion. On average, equities analysts predict that BNP Paribas will post 5.22 earnings per share for the current year.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded BNP Paribas to a “moderate buy” rating in a research report on Wednesday, October 9th.

BNP Paribas Company Profile

BNP Paribas SA provides various banking and financial products and services in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates through three divisions: Corporate & Institutional Banking; Commercial, Personal Banking & Services; and Investment & Protection Services.