BAWAG Group AG (OTCMKTS:BWAGF) Short Interest Down 53.2% in April

BAWAG Group AG (OTCMKTS:BWAGFGet Rating) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totalling 2,200 shares, a decrease of 53.2% from the March 31st total of 4,700 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 22.0 days.

A number of equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised their target price on shares of BAWAG Group from €66.00 ($70.97) to €68.00 ($73.12) and gave the stock an “overweight” rating in a research report on Wednesday. Morgan Stanley raised their price objective on shares of BAWAG Group from €64.00 ($68.82) to €70.00 ($75.27) and gave the stock an “overweight” rating in a research report on Wednesday. Finally, UBS Group raised their price objective on shares of BAWAG Group from €55.00 ($59.14) to €58.00 ($62.37) in a research report on Thursday, March 31st.

BAWAG Group stock remained flat at $$47.00 during midday trading on Friday. The firm has a fifty day moving average price of $55.24 and a two-hundred day moving average price of $59.62. BAWAG Group has a twelve month low of $47.00 and a twelve month high of $65.72.

BAWAG Group Company Profile (Get Rating)

BAWAG Group AG operates as a holding company for BAWAG P.S.K. Bank für Arbeit und Wirtschaft und Österreichische Postsparkasse Aktiengesellschaft that provides various banking products and services in Austria, Western Europe, North America, and internationally. The company's Retail & SME segment offers savings, payments, cards, lending, investment, and insurance products and services; small business lending; factoring and leasing business; social housing activities; and real estate leasing platforms.

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