Société Générale Société anonyme (OTCMKTS:SCGLY) Short Interest Update

Société Générale Société anonyme (OTCMKTS:SCGLY - Get Free Report) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totalling 302,500 shares, an increase of 330.3% from the December 31st total of 70,300 shares. Based on an average trading volume of 946,300 shares, the short-interest ratio is presently 0.3 days.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on SCGLY shares. Citigroup upgraded shares of Société Générale Société anonyme from a "hold" rating to a "strong-buy" rating in a report on Friday, November 1st. The Goldman Sachs Group raised shares of Société Générale Société anonyme from a "strong sell" rating to a "hold" rating in a research report on Wednesday, December 11th. Four investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Société Générale Société anonyme currently has an average rating of "Hold".

Société Générale Société anonyme Stock Up 0.2 %

OTCMKTS:SCGLY traded up $0.01 during mid-day trading on Tuesday, reaching $6.48. 341,182 shares of the company were exchanged, compared to its average volume of 488,480. Société Générale Société anonyme has a 12 month low of $4.30 and a 12 month high of $6.49. The company has a fifty day moving average of $5.68 and a 200 day moving average of $5.29. The stock has a market cap of $25.93 billion, a PE ratio of 7.81, a PEG ratio of 0.11 and a beta of 1.33.

About Société Générale Société anonyme

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.

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