Short Interest in Banco Comercial Português, S.A. (OTCMKTS:BPCGF) Drops By 46.4%

Banco Comercial Português, S.A. (OTCMKTS:BPCGF) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,059,184 shares, a decrease of 46.4% from the May 31st total of 5,709,045 shares. Based on an average daily volume of 481 shares, the days-to-cover ratio is presently 6,360.0 days.

Banco Comercial Português Stock Performance

Shares of OTCMKTS:BPCGF opened at $1.05 on Tuesday. The company has a 50-day moving average price of $1.02 and a two-hundred day moving average price of $0.98. Banco Comercial Português has a twelve month low of $1.00 and a twelve month high of $1.12.

Banco Comercial Português Company Profile

Banco Comercial Português, SA operates as the largest private sector bank in Portugal, conducting a broad range of banking activities under the brand Millennium bcp. The bank serves individual customers, small and medium-sized enterprises and large corporate clients through a network of branches, online channels and partner points of sale. Its core services include deposit accounts, consumer and mortgage lending, payment cards and electronic banking.

Founded in 1985 during the privatization of state-owned banking assets, Banco Comercial Português has expanded beyond its domestic market.