Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Up 121.0% in February

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a significant increase in short interest in February. As of February 13th, there was short interest totaling 12,310 shares, an increase of 121.0% from the January 29th total of 5,571 shares. Based on an average daily volume of 28,626 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 28,626 shares, the days-to-cover ratio is presently 0.4 days.

Raiffeisen Bank International Trading Down 0.3%

Shares of RAIFY traded down $0.04 during midday trading on Friday, hitting $12.63. 3,000 shares of the company’s stock traded hands, compared to its average volume of 8,518. The stock has a market capitalization of $16.61 billion, a price-to-earnings ratio of 17.78 and a beta of 1.10. Raiffeisen Bank International has a 1 year low of $4.86 and a 1 year high of $13.73. The firm’s fifty day moving average is $11.83 and its 200-day moving average is $10.07.

Analysts Set New Price Targets

Separately, UBS Group raised shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Raiffeisen Bank International has an average rating of “Buy”.

About Raiffeisen Bank International

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.