Short Interest in ABN AMRO Bank (OTCMKTS:AAVMY) Declines By 57.6%

ABN AMRO Bank (OTCMKTS:AAVMY) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 18,931 shares, a decrease of 57.6% from the December 31st total of 44,604 shares. Based on an average daily trading volume, of 18,154 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 18,154 shares, the short-interest ratio is currently 1.0 days.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AAVMY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ABN AMRO Bank in a research report on Wednesday, December 3rd. Jefferies Financial Group started coverage on ABN AMRO Bank in a research report on Tuesday. They set a “buy” rating on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of ABN AMRO Bank in a research report on Thursday, November 13th. Morgan Stanley reaffirmed an “overweight” rating on shares of ABN AMRO Bank in a report on Monday, November 24th. Finally, The Goldman Sachs Group raised shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a report on Friday, October 3rd. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, ABN AMRO Bank has an average rating of “Moderate Buy”.

ABN AMRO Bank Stock Up 0.6%

OTCMKTS AAVMY opened at $36.94 on Friday. The company has a 50-day moving average price of $34.90 and a 200-day moving average price of $31.70. ABN AMRO Bank has a 52 week low of $16.18 and a 52 week high of $37.96.

About ABN AMRO Bank

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.