Short Interest in National Bank of Greece S.A. (OTCMKTS:NBGIF) Declines By 85.5%

by · The Cerbat Gem

National Bank of Greece S.A. (OTCMKTS:NBGIF – Get Free Report) was the target of a large drop in short interest in April. As of April 30th, there was short interest totaling 217,442 shares, a drop of 85.5% from the April 15th total of 1,501,294 shares. Based on an average daily volume of 4,255 shares, the short-interest ratio is presently 51.1 days.

Analyst Ratings Changes

Separately, National Bank Financial downgraded shares of National Bank of Greece from a “buy” rating to a “neutral” rating in a research report on Thursday, February 12th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Check Out Our Latest Stock Report on National Bank of Greece

National Bank of Greece Stock Performance

NBGIF traded up $0.55 during trading on Tuesday, hitting $16.95. 100 shares of the company traded hands, compared to its average volume of 3,945. The stock’s 50-day simple moving average is $15.80 and its two-hundred day simple moving average is $16.01. National Bank of Greece has a 1 year low of $10.50 and a 1 year high of $19.00.

National Bank of Greece Company Profile

(Get Free Report)

National Bank of Greece (OTCMKTS:NBGIF) is one of Greece’s oldest and largest financial institutions, tracing its roots back to its establishment in 1841. Headquartered in Athens, the bank has played a pivotal role in the economic development of modern Greece and continues to serve as a cornerstone of the country’s banking sector. Over the years, National Bank of Greece has expanded its operations beyond its domestic market, reflecting its commitment to supporting trade and investment across the wider region.

The bank offers a comprehensive suite of financial products and services that span retail banking, corporate and investment banking, private banking, and asset management.

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