Raiffeisen Bank International AG (OTCMKTS:RAIFY) Sees Large Increase in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 16,529 shares, an increase of 103.7% from the November 30th total of 8,115 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 29,667 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 29,667 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are sold short.

Raiffeisen Bank International Price Performance

Raiffeisen Bank International stock traded up $0.21 during mid-day trading on Friday, hitting $11.33. 2,934 shares of the company were exchanged, compared to its average volume of 10,993. The business’s 50 day simple moving average is $9.92 and its two-hundred day simple moving average is $8.70. Raiffeisen Bank International has a 12-month low of $4.86 and a 12-month high of $12.00. The company has a market capitalization of $14.90 billion, a P/E ratio of 15.95 and a beta of 1.10.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter. Raiffeisen Bank International had a negative net margin of 0.14% and a positive return on equity of 3.09%. The business had revenue of $2.63 billion for the quarter.

Wall Street Analysts Forecast Growth

Separately, Barclays cut Raiffeisen Bank International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Raiffeisen Bank International Company Profile

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.