Popular Inc Trust I shares had a trading volume of 2,308 by the end of trading on Tuesday. Overall, volume was down 77.35% under the stocks normal daily volume.
Traders are more bearish on the company recently if you take into consideration the uptick in short interest. The firm saw a rise in short interest of 153.12% between September 29, 2017 and October 13, 2017. Short interest grew 21,006 over that period. With short interest at 34,725 and short average daily volume at 23,527, days to cover is 1.0 and the percentage of shorted shares is 0.00% as of October 13.
The company is so far trading down from yesterday’s close of 23.84. Popular Inc Trust I’s P/E ratio is N/A and the market value is 282.12M.
Popular, Inc., through its subsidiaries, provides various retail, mortgage, and commercial banking products and services primarily to institutional and retail customers. The company accepts various deposit products. It also offers commercial and industrial loans; commercial real estate loans; construction loans; lease financing comprising automobile loans/leases; residential mortgage loans; and consumer loans, including personal loans, credit cards, home equity lines of credit, and other loans to individual borrowers. In addition, the company provides financial advisory, investment banking, investment and securities brokerage, and insurance and reinsurance services. As of December 31, 2016, it owned and occupied approximately 63 branch premises and other facilities in Puerto Rico; and 62 offices comprising 6 owned and 56 leased in New York, New Jersey, and Florida. Popular, Inc. was founded in 1893 and is headquartered in Hato Rey, Puerto Rico..Advertisement