Short Interest in Societe Generale Group (OTCMKTS:SCGLY) Grows By 178.1%

Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 975,884 shares, a growth of 178.1% from the November 30th total of 350,930 shares. Based on an average daily volume of 1,041,886 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the company's shares are sold short. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 1,041,886 shares, the short-interest ratio is currently 0.9 days.Get Societe Generale Group alerts:Analyst Upgrades and DowngradesSCGLY has been the subject of several research analyst reports. Citigroup reiterated a "buy" rating on shares of Societe Generale Group in a research report on Friday, December 12th. The Goldman Sachs Group raised Societe Generale Group from a "neutral" rating to a "buy" rating in a research note on Thursday, December 4th. Royal Bank Of Canada restated a "sector perform" rating on shares of Societe Generale Group in a report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Societe Generale Group in a report on Friday, November 14th. Finally, Zacks Research raised Societe Generale Group from a "strong sell" rating to a "hold" rating in a report on Tuesday, November 4th. Seven equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy".Get Our Latest Analysis on Societe Generale GroupSociete Generale Group Trading Down 0.3%OTCMKTS:SCGLY traded down $0.05 during trading hours on Friday, hitting $16.10. 192,477 shares of the company were exchanged, compared to its average volume of 516,690. Societe Generale Group has a one year low of $5.49 and a one year high of $16.50. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 3.40. The stock has a market capitalization of $61.73 billion, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 0.43 and a beta of 0.82. The company has a fifty day simple moving average of $13.84 and a 200 day simple moving average of $12.95. Societe Generale Group (OTCMKTS:SCGLY - Get Free Report) last issued its earnings results on Thursday, October 30th. The financial services provider reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.04. Societe Generale Group had a return on equity of 6.18% and a net margin of 20.06%.The business had revenue of $7.78 billion during the quarter, compared to the consensus estimate of $7.54 billion. Sell-side analysts expect that Societe Generale Group will post 1.14 EPS for the current fiscal year. Societe Generale Group Cuts DividendThe business also recently announced a dividend, which was paid on Friday, October 24th. Shareholders of record on Tuesday, October 7th were issued a dividend of $0.109 per share. This represents a yield of 216.0%. The ex-dividend date of this dividend was Monday, October 6th. Societe Generale Group's payout ratio is presently 17.33%. Societe Generale Group Company Profile (Get Free Report)Société Générale Group, founded in 1864 and headquartered in Paris, is one of France's largest banking groups. It offers a broad range of financial services to individuals, businesses, institutions and governments. The firm operates through multiple businesses that collectively provide banking, financing, investment and advisory solutions across retail, corporate and institutional client segments. The group's core activities encompass retail banking services such as deposit accounts, consumer and mortgage lending, payment services and wealth management.See AlsoFive stocks we like better than Societe Generale GroupDo you know what Amazon is planning for January 1?“$6.6 Trillion Of Customer Bank Deposits At Risk”Shots officially fired…Washington prepares for warWall Street Stockpicker Names #1 Stock of 2026This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Societe Generale Group Right Now?Before you consider Societe Generale Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Societe Generale Group wasn't on the list.While Societe Generale Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here