BAWAG Group AG (OTCMKTS:BWAGF) Short Interest Up 375.7% in May

BAWAG Group AG (OTCMKTS:BWAGF – Get Rating) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totalling 50,900 shares, a growth of 375.7% from the April 30th total of 10,700 shares. Based on an average daily volume of 100 shares, the short-interest ratio is currently 509.0 days.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group began coverage on BAWAG Group in a report on Monday, April 17th. They issued a “neutral” rating for the company. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.33.

BAWAG Group Price Performance

Shares of OTCMKTS BWAGF remained flat at $47.10 during mid-day trading on Friday. The company had a trading volume of 42 shares, compared to its average volume of 100. The business’s fifty day moving average is $46.35 and its 200 day moving average is $48.69. BAWAG Group has a 52-week low of $42.86 and a 52-week high of $51.70.

About BAWAG Group

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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.