UniCredit S.p.A. (OTCMKTS:UNCFF) Sees Large Increase in Short Interest

UniCredit S.p.A. (OTCMKTS:UNCFF) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 4,874,300 shares, an increase of 22.0% from the January 31st total of 3,995,300 shares. Based on an average trading volume of 19,300 shares, the days-to-cover ratio is presently 252.6 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in UniCredit stock. GAMMA Investing LLC boosted its holdings in shares of UniCredit S.p.A. (OTCMKTS:UNCFF) by 331.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,332 shares of the financial services provider’s stock after acquiring an additional 1,792 shares during the period. GAMMA Investing LLC’s holdings in UniCredit were worth $93,000 at the end of the most recent reporting period.

UniCredit Stock Performance

OTCMKTS:UNCFF opened at $58.77 on Friday. UniCredit has a fifty-two week low of $33.66 and a fifty-two week high of $60.13. The company has a fifty day moving average of $47.14 and a two-hundred day moving average of $43.68.

UniCredit Company Profile

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.