AIB Group plc (OTCMKTS:AIBRF – Get Free Report) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,030,700 shares, a growth of 22.1% from the March 31st total of 844,200 shares. Based on an average daily trading volume, of 30,500 shares, the days-to-cover ratio is presently 33.8 days.
AIB Group Trading Down 1.7 %
Shares of AIB Group stock opened at $6.79 on Friday. AIB Group has a 1 year low of $5.01 and a 1 year high of $7.65. The firm’s 50-day moving average is $6.75 and its 200 day moving average is $6.06.
Wall Street Analyst Weigh In
Several equities research analysts recently commented on AIBRF shares. Morgan Stanley reissued an “underweight” rating on shares of AIB Group in a research note on Friday, March 7th. Royal Bank of Canada restated a “sector perform” rating on shares of AIB Group in a research note on Tuesday, March 11th.
AIB Group Company Profile
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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