Erste Group Bank AG (OTCMKTS:EBKOF) Sees Significant Drop in Short Interest

Erste Group Bank AG (OTCMKTS:EBKOF) was the target of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 94,099 shares, a decrease of 68.4% from the July 30th total of 297,839 shares. Based on an average trading volume of 1,052 shares, the days-to-cover ratio is presently 89.4 days.

Erste Group Bank Stock Down 3.5%

OTCMKTS:EBKOF opened at $142.36 on Friday. Erste Group Bank has a twelve month low of $93.73 and a twelve month high of $147.56. The business’s 50-day moving average price is $135.51 and its two-hundred day moving average price is $124.12.

About Erste Group Bank

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.