ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) was the target of a significant drop in short interest during the month of April. As of April 15th, there was short interest totalling 17,700 shares, a drop of 15.7% from the March 31st total of 21,000 shares. Based on an average trading volume of 44,300 shares, the short-interest ratio is currently 0.4 days.
ABN AMRO Bank Price Performance
AAVMY opened at $16.24 on Monday. The company’s 50 day simple moving average is $16.63 and its 200 day simple moving average is $15.06. ABN AMRO Bank has a 1 year low of $12.71 and a 1 year high of $17.88.
ABN AMRO Bank Increases Dividend
The firm also recently declared a dividend, which will be paid on Tuesday, June 11th. Shareholders of record on Monday, April 29th will be given a dividend of $0.7646 per share. This is a boost from ABN AMRO Bank’s previous dividend of $0.53. The ex-dividend date is Friday, April 26th.
About ABN AMRO Bank
ABN AMRO Bank N.V. provides various banking products and financial services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; investment and insurance products; and consumer, personal, car, and home improvement loan.
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