Short Interest in BNP Paribas SA (OTCMKTS:BNPQY) Declines By 76.8%

BNP Paribas SA (OTCMKTS:BNPQY) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 15,600 shares, a decline of 76.8% from the March 31st total of 67,300 shares. Based on an average trading volume of 403,000 shares, the days-to-cover ratio is presently 0.0 days.

BNP Paribas Stock Performance

Shares of BNP Paribas stock traded down $0.92 on Friday, reaching $35.88. The stock had a trading volume of 141,246 shares, compared to its average volume of 221,607. The business’s 50-day moving average price is $33.58 and its two-hundred day moving average price is $32.39. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.68 and a current ratio of 0.68. BNP Paribas has a fifty-two week low of $28.24 and a fifty-two week high of $36.96. The stock has a market cap of $82.34 billion, a P/E ratio of 7.67, a price-to-earnings-growth ratio of 0.31 and a beta of 1.48.

BNP Paribas Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, June 24th. Stockholders of record on Monday, May 20th will be paid a $2.4911 dividend. This is a boost from BNP Paribas’s previous dividend of $1.80. The ex-dividend date of this dividend is Friday, May 17th. BNP Paribas’s payout ratio is presently 37.39%.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of BNP Paribas from a “neutral” rating to a “buy” rating in a research note on Tuesday, March 26th.

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.