BBVA Banco Frances S.A. (NYSE:BBAR) Sees Large Drop in Short Interest

BBVA Banco Frances S.A. (NYSE:BBAR) Sees Large Drop in Short Interest

BBVA Banco Frances S.A. (NYSE:BBAR - Get Free Report) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 479,727 shares, a drop of 56.3% from the August 31st total of 1,098,660 shares. Based on an average trading volume of 649,468 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the company's shares are short sold.