What’s UNICREDITO SPA ROMA ORDINARY SHARES (OTCMKTS:UNCFF) Upside After This Short Interest Increase?

March 14, 2018 - By Richard Conner

The stock of UNICREDITO SPA ROMA ORDINARY SHARES (OTCMKTS:UNCFF) registered an increase of 3.14% in short interest. UNCFF’s total short interest was 16.69M shares in March as published by FINRA. Its up 3.14% from 16.19M shares, reported previously. With 22,800 shares average volume, it will take short sellers 732 days to cover their UNCFF’s short positions. The short interest to UNICREDITO SPA ROMA ORDINARY SHARES’s float is 0.76%.

The stock decreased 0.44% or $0.09 during the last trading session, reaching $20.59. About 1,006 shares traded. UniCredit S.p.A. (OTCMKTS:UNCFF) has 0.00% since March 14, 2017 and is . It has underperformed by 16.70% the S&P500.

UniCredit S.p.A. operates as a commercial bank. The company has market cap of $44.25 billion. The firm primarily operates through Commercial Banking Italy, Commercial Banking Germany, Commercial Banking Austria, Central Eastern Europe, Corporate & Investment Banking, Asset Gathering, Non-core, and Governance/Group Corporate Centre divisions. It currently has negative earnings. It offers banking, pension fund, brokerage, leasing, factoring, money markets, project financing, mergers and acquisitions, and debt securities issue services.

UniCredit S.p.A. (OTCMKTS:UNCFF) Ratings Coverage

Among 6 analysts covering Unicredit S.p.A (OTCMKTS:UNCFF), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Unicredit S.p.A had 8 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating by HSBC given on Tuesday, September 6. Jefferies initiated the shares of UNCFF in report on Friday, September 23 with “Buy” rating. JP Morgan downgraded UniCredit S.p.A. (OTCMKTS:UNCFF) on Wednesday, January 6 to “Underweight” rating. Citigroup downgraded the shares of UNCFF in report on Monday, November 16 to “Neutral” rating. The firm earned “Hold” rating on Thursday, August 6 by Societe Generale. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Thursday, November 12. JP Morgan downgraded UniCredit S.p.A. (OTCMKTS:UNCFF) on Friday, September 4 to “Neutral” rating. Societe Generale upgraded UniCredit S.p.A. (OTCMKTS:UNCFF) on Wednesday, September 9 to “Buy” rating.

More notable recent UniCredit S.p.A. (OTCMKTS:UNCFF) news were published by: Moodys.com which released: “Moody’s changes UniCredit’s outlook to positive from stable” on January 08, 2018, also Bloomberg.com with their article: “UniCredit Turkey Unit Plans to Raise $1 Billion” published on January 12, 2018, Bloomberg.com published: “UniCredit $21 Billion Bad-Loan Sale Draws ECB Scrutiny” on October 30, 2017. More interesting news about UniCredit S.p.A. (OTCMKTS:UNCFF) were released by: Bloomberg.com and their article: “UniCredit Widens Gap With Rivals as CEO Focuses on Execution” published on August 03, 2017 as well as Ft.com‘s news article titled: “UniCredit confirms key financial targets in turnround plan” with publication date: December 12, 2017.

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