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[sludgehound]

Nat Bank of Greece Short Interest -44.5% in April (NBG)
Not quite sure what this indicates. Only a day to cover & an upgrade. Maybe thinking is NBG will have ton of work coming its way should there be dual currencies?

2am ET today
http://www.wkrb13.com/markets/613331/national-bank-of-greece-short-interest-down-44-5-in-april-nbg/

Posted by Nolan Pearson on May 24th, 2015 // No Comments

National Bank of Greece (NYSE:NBG) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totalling 15,061,509 shares, a drop of 44.5% from the April 15th total of 27,123,528 shares, AnalystRatings.NET reports. Based on an average daily volume of 15,419,499 shares, the days-to-cover ratio is currently 1.0 days.

Separately, analysts at Vetr upgraded shares of National Bank of Greece from a “sell” rating to a “hold” rating and set a $1.53 price target on the stock in a research note on Tuesday, May 12th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $33.94.

National Bank of Greece (NYSE:NBG) opened at 1.36 on Monday. National Bank of Greece has a 52-week low of $0.98 and a 52-week high of $4.16. The stock’s 50-day moving average is $1. and its 200-day moving average is $1.. The company has a market cap of $4.81 billion and a price-to-earnings ratio of 56.67.

National Bank of Greece SA (NYSE:NBG) is a Greece-based financial institution. It provides a range of financial services including retail and commercial banking, asset management, brokerage, investment banking, insurance and real estate at a global level.