Banco Macro S.A. ( NYSE:BMA – Get Free Report ) was the recipient of a large decrease in short interest during the month of December.
As of December 15th, there was short interest totalling 536,300 shares, a decrease of 6.3% from the November 30th total of 572,600 shares. Currently, 0.
9% of the company’s stock are sold short. Based on an average daily volume of 292,000 shares, the short-interest ratio is presently 1.8 days.
Institutional Investors Weigh In On Banco Macro Institutional investors and hedge funds have recently modified their holdings of the company. Blue Trust Inc. increased its holdings in Banco Macro by 118.
3% in the 3rd quarter. Blue Trust Inc. now owns 714 shares of the bank’s stock worth $45,000 after buying an additional 387 shares during the period.
Ashton Thomas Private Wealth LLC acquired a new stake in shares of Banco Macro in the second quarter worth $51,000. Headlands Technologies LLC raised its holdings in shares of Banco Macro by 262.0% during the second quarter.
Headlands Technologies LLC now owns 2,483 shares of the bank’s stock worth $142,000 after purchasing an additional 1,797 shares during the last quarter. Beverly Hills Private Wealth LLC lifted its position in Banco Macro by 6.2% during the second quarter.
Beverly Hills Private Wealth LLC now owns 5,505 shares of the bank’s stock valued at $316,000 after purchasing an additional 323 shares during the period. Finally, NorthRock Partners LLC purchased a new stake in Banco Macro in the third quarter valued at $381,000. Banco Macro Stock Performance Shares of BMA stock opened at $96.
76 on Thursday. The business has a fifty day moving average of $86.46 and a 200 day moving average of $69.
37. Banco Macro has a 1 year low of $24.41 and a 1 year high of $109.
36. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.
02 and a quick ratio of 0.79. The firm has a market capitalization of $6.
18 billion, a price-to-earnings ratio of 8.48 and a beta of 1.75.
Analyst Ratings Changes Check Out Our Latest Research Report on Banco Macro About Banco Macro ( Get Free Report ) Banco Macro SA provides various banking products and services to retail and corporate customers in Argentina. It offers various retail banking products and services, such as savings and checking accounts, time deposits, credit and debit cards, consumer finance loans, mortgage loans, automobile loans, overdrafts, credit-related services, home and car insurance coverage, tax collection, utility payments, automated teller machines, and money transfers. Featured Stories Receive News & Ratings for Banco Macro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Macro and related companies with MarketBeat.
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Banco Macro S.A. (NYSE:BMA) Sees Significant Decline in Short Interest
Banco Macro S.A. (NYSE:BMA – Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 536,300 shares, a decrease of 6.3% from the November 30th total of 572,600 shares. Currently, 0.9% of the company’s stock are sold short. [...]