ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 12,691 shares, a decrease of 52.5% from the April 15th total of 26,693 shares. Based on an average daily trading volume, of 30,281 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.
ABN AMRO Bank Stock Up 2.2%
Shares of OTCMKTS AAVMY opened at $38.10 on Friday. The stock has a fifty day moving average price of $33.35 and a 200 day moving average price of $33.80. ABN AMRO Bank has a 1-year low of $23.56 and a 1-year high of $38.34.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on AAVMY. Royal Bank Of Canada restated an “outperform” rating on shares of ABN AMRO Bank in a research report on Thursday. Zacks Research upgraded shares of ABN AMRO Bank to a “hold” rating in a research report on Friday, April 24th. Jefferies Financial Group began coverage on shares of ABN AMRO Bank in a research report on Tuesday, January 27th. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ABN AMRO Bank in a research report on Wednesday, February 18th. Finally, Morgan Stanley restated an “overweight” rating on shares of ABN AMRO Bank in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, ABN AMRO Bank has an average rating of “Moderate Buy”.
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.
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