Addiko Bank AG (OTCMKTS:ADBKF – Get Free Report) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 134 shares, a drop of 44.9% from the May 31st total of 243 shares. Based on an average daily volume of 73 shares, the short-interest ratio is presently 1.8 days.
Addiko Bank Stock Performance
OTCMKTS:ADBKF opened at C$30.23 on Wednesday. Addiko Bank has a twelve month low of C$29.05 and a twelve month high of C$32.10. The stock has a fifty day simple moving average of C$31.22 and a 200-day simple moving average of C$28.55.
About Addiko Bank
Addiko Bank AG is a regional banking group headquartered in Vienna, Austria, specializing in retail and small- to medium-sized enterprise (SME) banking across Central and Southeastern Europe. The bank provides a broad range of financial services, including savings and deposit accounts, consumer and mortgage loans, leasing solutions, and payment services. Its business model emphasizes simple, transparent products and efficient digital delivery channels to meet the evolving needs of individual and commercial clients.
The institution emerged in 2015 following a restructuring of certain assets of the former Hypo Alpe-Adria-Bank International AG.
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