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

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,789 shares, an increase of 248.8% from the February 26th total of 2,233 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 50,116 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 50,116 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

Analyst Ratings Changes

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

Raiffeisen Bank International Stock Down 4.2%

Shares of RAIFY opened at $10.50 on Wednesday. The stock has a market cap of $13.82 billion, a P/E ratio of 9.72 and a beta of 1.10. The business’s 50 day moving average price is $11.82 and its 200-day moving average price is $10.40. Raiffeisen Bank International has a 52 week low of $4.86 and a 52 week high of $13.73.

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