Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Up 103.7% in December

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 16,529 shares, a growth of 103.7% from the November 30th total of 8,115 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 29,667 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 29,667 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are short sold.

Raiffeisen Bank International Price Performance

Shares of OTCMKTS RAIFY opened at $11.33 on Monday. The firm’s 50-day moving average is $9.92 and its two-hundred day moving average is $8.71. The company has a market capitalization of $14.90 billion, a PE ratio of 15.95 and a beta of 1.10. Raiffeisen Bank International has a 12-month low of $4.86 and a 12-month high of $12.00.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its quarterly earnings data on Thursday, October 30th. The financial services provider reported $0.67 earnings per share for the quarter. Raiffeisen Bank International had a negative net margin of 0.14% and a positive return on equity of 3.09%. The business had revenue of $2.63 billion during the quarter.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded Raiffeisen Bank International from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 30th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

About Raiffeisen Bank International

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.