ABN AMRO Bank (OTCMKTS:AAVMY) Short Interest Up 73.5% in September

ABN AMRO Bank (OTCMKTS:AAVMY) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 11,800 shares, an increase of 73.5% from the August 31st total of 6,800 shares. Based on an average trading volume of 19,700 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 19,700 shares, the days-to-cover ratio is presently 0.6 days.

ABN AMRO Bank Trading Up 2.9%

Shares of OTCMKTS AAVMY opened at $32.61 on Monday. The firm’s 50 day moving average price is $30.07 and its 200-day moving average price is $26.23. ABN AMRO Bank has a 52-week low of $14.77 and a 52-week high of $34.89.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on AAVMY shares. The Goldman Sachs Group raised shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research note on Friday. Barclays reiterated an “overweight” rating on shares of ABN AMRO Bank in a report on Tuesday, July 15th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of ABN AMRO Bank in a research note on Friday, July 11th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy”.

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.