Short Interest in ABN AMRO Bank (OTCMKTS:AAVMY) Declines By 55.1%

ABN AMRO Bank (OTCMKTS:AAVMYGet Free Report) saw a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 6,846 shares, a decline of 55.1% from the February 12th total of 15,250 shares. Based on an average daily trading volume, of 35,384 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 35,384 shares, the days-to-cover ratio is presently 0.2 days.

ABN AMRO Bank Price Performance

Shares of AAVMY opened at $30.91 on Friday. ABN AMRO Bank has a twelve month low of $18.12 and a twelve month high of $38.20. The firm has a 50 day moving average of $34.87 and a 200 day moving average of $32.77.

Analysts Set New Price Targets

A number of brokerages have commented on AAVMY. Morgan Stanley reaffirmed an “overweight” rating on shares of ABN AMRO Bank in a research note on Monday, November 24th. Jefferies Financial Group started coverage on shares of ABN AMRO Bank in a research note on Tuesday, January 27th. They issued a “buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a research report on Wednesday, February 18th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, ABN AMRO Bank has an average rating of “Moderate Buy”.

View Our Latest Stock Report on AAVMY

ABN AMRO Bank Company Profile

(Get Free Report)

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.

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