Short Interest in BDO Unibank, Inc. (OTCMKTS:BDOUY) Drops By 98.3%

by · The Markets Daily

BDO Unibank, Inc. (OTCMKTS:BDOUYGet Free Report) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,795 shares, a decline of 98.3% from the November 30th total of 104,361 shares. Based on an average trading volume of 178,768 shares, the short-interest ratio is currently 0.0 days. Based on an average trading volume of 178,768 shares, the short-interest ratio is currently 0.0 days.

BDO Unibank Stock Performance

Shares of OTCMKTS:BDOUY traded down $0.76 during mid-day trading on Wednesday, reaching $22.66. 38,344 shares of the company were exchanged, compared to its average volume of 25,245. BDO Unibank has a 1 year low of $20.01 and a 1 year high of $31.42. The firm’s 50-day simple moving average is $22.20 and its 200 day simple moving average is $24.55.

About BDO Unibank

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BDO Unibank, Inc (OTCMKTS: BDOUY) is a universal bank in the Philippines providing a full range of banking and financial services to retail, corporate, and institutional clients. As one of the country’s largest banks by assets, BDO offers commercial banking, lending, deposit products, credit cards, cash management, and remittance services. The bank also delivers specialized solutions in corporate finance, project finance, and agricultural lending.

In addition to core banking operations, BDO maintains robust treasury and trust divisions that handle foreign exchange, money market transactions, and fiduciary services.

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