A Reversal for UNIONE DI BANCHE ITALIANE SCPA ORDINARY (OTCMKTS:BPPUF) Is Not Near. The Stock Has Rise in Shorts

April 19, 2018 - By Peter Erickson

The stock of UNIONE DI BANCHE ITALIANE SCPA ORDINARY (OTCMKTS:BPPUF) registered an increase of 3.27% in short interest. BPPUF’s total short interest was 32.85M shares in April as published by FINRA. Its up 3.27% from 31.81 million shares, reported previously. The short interest to UNIONE DI BANCHE ITALIANE SCPA ORDINARY’s float is 2.91%.

It closed at $4.425 lastly. It is down 0.00% since April 19, 2017 and is . It has underperformed by 11.55% the S&P500.

Unione di Banche Italiane S.p.A., together with subsidiaries, provides banking services and products for retail, private banking, corporate, and institutional clients in Italy and internationally. The company has market cap of $. The firm operates through Banking, Non-Banking Financial, and Corporate Center divisions. It currently has negative earnings. It offers various deposit and loan products; and asset management, bancassurance, leasing, and factoring services, as well as online banking services.

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