Short Interest in Erste Group Bank AG (OTCMKTS:EBKDY) Expands By 61.5%

Erste Group Bank AG (OTCMKTS:EBKDY) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,100 shares, a growth of 61.5% from the March 31st total of 1,300 shares. Based on an average daily volume of 56,700 shares, the days-to-cover ratio is presently 0.0 days.

Erste Group Bank Stock Performance

Shares of OTCMKTS EBKDY opened at $23.56 on Friday. Erste Group Bank has a 1 year low of $16.01 and a 1 year high of $23.93. The firm has a market cap of $19.83 billion, a price-to-earnings ratio of 6.38, a PEG ratio of 0.96 and a beta of 1.36. The stock’s 50-day simple moving average is $21.87 and its 200-day simple moving average is $20.50.

Erste Group Bank (OTCMKTS:EBKDY) last announced its earnings results on Thursday, February 29th. The financial services provider reported $0.83 earnings per share (EPS) for the quarter. Erste Group Bank had a return on equity of 11.10% and a net margin of 14.03%. The business had revenue of $2.75 billion for the quarter. As a group, research analysts predict that Erste Group Bank will post 3.76 EPS for the current year.

Erste Group Bank Company Profile

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.