Raiffeisen Bank International AG (OTCMKTS:RAIFY) Sees Significant Drop in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the recipient of a significant drop in short interest in December. As of December 31st, there was short interest totaling 8,278 shares, a drop of 49.9% from the December 15th total of 16,522 shares. Based on an average daily trading volume, of 12,958 shares, the short-interest ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,958 shares, the short-interest ratio is currently 0.6 days.

Raiffeisen Bank International Stock Performance

Shares of OTCMKTS:RAIFY opened at $10.61 on Friday. The firm has a market cap of $13.96 billion, a PE ratio of 14.94 and a beta of 1.11. The firm’s fifty day moving average is $10.54 and its 200-day moving average is $9.06. Raiffeisen Bank International has a 52 week low of $4.86 and a 52 week high of $12.00.

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

Wall Street Analysts Forecast Growth

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

About Raiffeisen Bank International

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.