National Bank of Greece S.A. (OTCMKTS:NBGIF) Sees Significant Decline in Short Interest

National Bank of Greece S.A. (OTCMKTS:NBGIF) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 978 shares, a decline of 98.1% from the May 31st total of 52,375 shares. Based on an average daily volume of 5,058 shares, the days-to-cover ratio is currently 0.2 days.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of National Bank of Greece in a research report on Friday, June 5th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

National Bank of Greece Stock Performance

Shares of NBGIF remained flat at $18.00 on Thursday. 254 shares of the company were exchanged, compared to its average volume of 3,688. The company’s 50-day moving average price is $16.79 and its 200 day moving average price is $16.44. National Bank of Greece has a one year low of $12.15 and a one year high of $19.00.

National Bank of Greece Company Profile

National Bank of Greece (OTCMKTS:NBGIF) is one of Greece’s oldest and largest financial institutions, tracing its roots back to its establishment in 1841. Headquartered in Athens, the bank has played a pivotal role in the economic development of modern Greece and continues to serve as a cornerstone of the country’s banking sector. Over the years, National Bank of Greece has expanded its operations beyond its domestic market, reflecting its commitment to supporting trade and investment across the wider region.

The bank offers a comprehensive suite of financial products and services that span retail banking, corporate and investment banking, private banking, and asset management.