UniCredit S.p.A. (OTCMKTS:UNCFF) Short Interest Up 22.0% in February

UniCredit S.p.A. (OTCMKTS:UNCFF) saw a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 4,874,300 shares, a growth of 22.0% from the January 31st total of 3,995,300 shares. Based on an average daily volume of 19,300 shares, the days-to-cover ratio is currently 252.6 days.

Hedge Funds Weigh In On UniCredit

A hedge fund recently raised its stake in UniCredit stock. GAMMA Investing LLC increased its position in UniCredit S.p.A. (OTCMKTS:UNCFF) by 331.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,332 shares of the financial services provider’s stock after acquiring an additional 1,792 shares during the period. GAMMA Investing LLC’s holdings in UniCredit were worth $93,000 at the end of the most recent reporting period.

UniCredit Stock Performance

Shares of UNCFF opened at $57.76 on Thursday. UniCredit has a one year low of $33.66 and a one year high of $58.20. The company has a 50-day simple moving average of $46.37 and a two-hundred day simple moving average of $43.45.

About UniCredit

UniCredit S.p.A. provides commercial banking services in Italy, Germany, Central Europe, and Eastern Europe. It offers retail, private, and wealth management solutions; and institutional investor solutions. The company also provides corporate finance advisory, rating advisory, financial sponsor, patient capital, capital structure advisory, and finance solutions, as well as securities services.