Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFY) Decreases By 84.7%

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,329 shares, a decrease of 84.7% from the April 30th total of 8,671 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 7,956 shares, the days-to-cover ratio is currently 0.2 days.

Analyst Upgrades and Downgrades

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

Raiffeisen Bank International Trading Up 1.7%

Shares of OTCMKTS:RAIFY opened at $14.27 on Friday. The firm’s 50 day moving average is $12.74 and its two-hundred day moving average is $11.76. Raiffeisen Bank International has a 52 week low of $6.65 and a 52 week high of $14.90. The firm has a market capitalization of $18.74 billion, a P/E ratio of 15.35 and a beta of 1.25.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $0.39 EPS for the quarter. Raiffeisen Bank International had a net margin of 9.35% and a return on equity of 5.23%. The company had revenue of $2.59 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.