Raiffeisen Bank International AG (OTCMKTS:RAIFY) Sees Large Decrease in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFYGet Free Report) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 5,571 shares, a drop of 56.9% from the January 15th total of 12,913 shares. Based on an average daily volume of 9,236 shares, the short-interest ratio is presently 0.6 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 9,236 shares, the short-interest ratio is presently 0.6 days.

Wall Street Analyst Weigh In

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 analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

Check Out Our Latest Stock Report on RAIFY

Raiffeisen Bank International Trading Down 1.9%

Shares of RAIFY stock traded down $0.24 during trading on Friday, hitting $12.20. The company’s stock had a trading volume of 8,421 shares, compared to its average volume of 9,712. The company has a market cap of $16.05 billion, a PE ratio of 17.18 and a beta of 1.10. The business has a fifty day moving average of $11.48 and a 200-day moving average of $9.72. Raiffeisen Bank International has a 52 week low of $4.86 and a 52 week high of $13.73.

About Raiffeisen Bank International

(Get Free Report)

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.

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