Short Interest in UniCredit S.p.A. (OTCMKTS:UNCRY) Increases By 119.4%

UniCredit S.p.A. (OTCMKTS:UNCRY - Get Free Report) was the recipient of a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 132,500 shares, a growth of 119.4% from the December 31st total of 60,400 shares. Based on an average daily volume of 665,200 shares, the days-to-cover ratio is currently 0.2 days.

UniCredit Stock Performance

OTCMKTS UNCRY traded down $0.26 during trading hours on Monday, hitting $23.08. 570,842 shares of the company's stock were exchanged, compared to its average volume of 492,100. The business's 50 day moving average is $20.64 and its 200-day moving average is $20.77. UniCredit has a 12-month low of $14.26 and a 12-month high of $23.51.

UniCredit Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were paid a dividend of $0.299 per share. The ex-dividend date of this dividend was Friday, November 22nd.

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.