BDO Unibank, Inc. (OTCMKTS:BDOUY) Stock Short Interest Declines 38.6%

BDO Unibank, Inc. (OTCMKTS:BDOUY) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 17,949 shares, a decline of 38.6% from the August 31st total of 29,212 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 170,174 shares, the days-to-cover ratio is currently 0.1 days.

BDO Unibank Price Performance

Shares of OTCMKTS BDOUY opened at $17.74 on Thursday. BDO Unibank has a 52-week low of $17.35 and a 52-week high of $25.29. The business has a fifty day moving average of $19.37 and a two-hundred day moving average of $19.74.

Analysts Set New Price Targets

Several brokerages recently weighed in on BDOUY. The Goldman Sachs Group lowered shares of BDO Unibank to a “neutral” rating in a research report on Wednesday, July 29th. Zacks Research raised BDO Unibank from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

BDO Unibank Company Profile

BDO Unibank, Inc is a full-service commercial bank headquartered in Makati, Philippines. It provides banking and financial services to individual customers, businesses, corporations and institutional clients through a broad network of branches, automated teller machines and digital banking channels.

The bank’s offerings include deposit accounts, consumer and commercial lending, credit cards, cash management, treasury services, investment banking, trust and wealth management, remittances and insurance-related products.