Raiffeisen Bank International AG (OTCMKTS:RAIFF) Short Interest Update

Raiffeisen Bank International AG (OTCMKTS:RAIFFGet Free Report) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 59,820 shares, a growth of 92.7% from the November 30th total of 31,051 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered Raiffeisen Bank International to a “neutral” rating in a report on Monday, December 8th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

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Raiffeisen Bank International Price Performance

Raiffeisen Bank International stock remained flat at $42.94 during midday trading on Friday. The firm has a fifty day moving average price of $36.90 and a two-hundred day moving average price of $32.65. Raiffeisen Bank International has a twelve month low of $27.79 and a twelve month high of $42.94.

About Raiffeisen Bank International

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Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.

Further Reading

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