AIB Group plc (OTCMKTS:AIBRF – Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 844,200 shares, an increase of 71.6% from the March 15th total of 492,000 shares. Based on an average trading volume of 9,900 shares, the short-interest ratio is presently 85.3 days.
AIB Group Stock Down 1.0 %
Shares of AIB Group stock opened at $6.51 on Thursday. The firm’s fifty day simple moving average is $6.71 and its 200-day simple moving average is $5.96. AIB Group has a 12 month low of $5.00 and a 12 month high of $7.65.
Analyst Upgrades and Downgrades
AIBRF has been the topic of a number of research analyst reports. Royal Bank of Canada reiterated a “sector perform” rating on shares of AIB Group in a research report on Tuesday, March 11th. Morgan Stanley restated an “underweight” rating on shares of AIB Group in a research note on Friday, March 7th.
About AIB Group
AIB Group plc provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland and the United Kingdom. It operates through Retail Banking, AIB Capital Markets, and AIB UK, and Group segments. The company offers current and savings accounts, demand deposits, notice deposits, fixed term deposits, junior/student saver deposits, and currency deposits.
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