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

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 2,233 shares, a decline of 81.9% from the February 12th total of 12,310 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 6,805 shares, the short-interest ratio is currently 0.3 days. Based on an average trading volume of 6,805 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, UBS Group raised shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Raiffeisen Bank International Trading Up 4.8%

RAIFY stock opened at $11.37 on Wednesday. The firm has a 50 day moving average of $11.86 and a 200-day moving average of $10.23. The firm has a market capitalization of $14.95 billion, a P/E ratio of 10.52 and a beta of 1.10. Raiffeisen Bank International has a 12 month low of $4.86 and a 12 month high of $13.73.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its earnings results on Monday, March 2nd. The financial services provider reported $0.37 earnings per share for the quarter. Raiffeisen Bank International had a net margin of 10.91% and a return on equity of 6.19%. The business had revenue of $2.63 billion for the quarter.

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.