Addiko Bank AG (OTCMKTS:ADBKF – Get Free Report) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 33 shares, a drop of 75.2% from the July 15th total of 133 shares. Based on an average daily trading volume, of 17 shares, the days-to-cover ratio is presently 1.9 days.
Addiko Bank Stock Performance
Shares of OTCMKTS ADBKF opened at C$32.25 on Thursday. The stock’s 50 day moving average price is C$31.16 and its 200-day moving average price is C$29.61. Addiko Bank has a twelve month low of C$29.05 and a twelve month high of C$32.25.
About Addiko Bank
Addiko Bank AG is a regional banking group headquartered in Vienna, Austria, specializing in retail and small- to medium-sized enterprise (SME) banking across Central and Southeastern Europe. The bank provides a broad range of financial services, including savings and deposit accounts, consumer and mortgage loans, leasing solutions, and payment services. Its business model emphasizes simple, transparent products and efficient digital delivery channels to meet the evolving needs of individual and commercial clients.
The institution emerged in 2015 following a restructuring of certain assets of the former Hypo Alpe-Adria-Bank International AG.
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