Erste Group Bank AG (OTCMKTS:EBKOF) Shares Shorted: Short Interest Up 107.3% in September

Erste Group Bank AG (OTCMKTS:EBKOF) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 268,112 shares, a growth of 107.3% from the September 15th total of 129,344 shares. Based on an average daily volume of 72,412 shares, the short-interest ratio is currently 3.7 days.

Erste Group Bank Price Performance

Erste Group Bank stock traded down $0.28 during mid-day trading on Thursday, hitting $124.00. The stock had a trading volume of 3,350 shares, compared to its average volume of 5,128. The stock has a 50-day simple moving average of $137.74 and a two-hundred day simple moving average of $128.66. Erste Group Bank has a 12 month low of $93.73 and a 12 month high of $147.56.

Erste Group Bank Company Profile

Erste Group Bank AG is an Austrian financial services company headquartered in Vienna. Founded in 1819 as the first Austrian savings bank, the group has developed into a major banking organization serving customers across Central and Eastern Europe.

Erste Group provides retail banking, corporate banking, investment banking, wealth management, and payment services. Its offerings include current and savings accounts, consumer and mortgage lending, business financing, securities and investment products, insurance-related services, and digital banking solutions for individuals, companies, and institutional clients.

The group operates primarily in Austria, the Czech Republic, Slovakia, Romania, Hungary, Croatia, and Serbia through its banking subsidiaries and related financial services businesses.