Raiffeisen Bank International AG (OTCMKTS:RAIFF) Sees Large Decrease in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFF) saw a significant drop in short interest in February. As of February 13th, there was short interest totaling 38,766 shares, a drop of 36.3% from the January 29th total of 60,820 shares. Based on an average daily volume of 108 shares, the short-interest ratio is currently 358.9 days. Based on an average daily volume of 108 shares, the short-interest ratio is currently 358.9 days.

Raiffeisen Bank International Price Performance

Raiffeisen Bank International stock opened at $49.95 on Friday. Raiffeisen Bank International has a twelve month low of $27.79 and a twelve month high of $52.59. The firm has a 50 day moving average price of $44.31 and a 200-day moving average price of $37.89.

Analyst Upgrades and Downgrades

RAIFF has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Raiffeisen Bank International in a research note on Monday, January 26th. Citigroup reaffirmed a “neutral” rating on shares of Raiffeisen Bank International in a report on Wednesday, February 4th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Raiffeisen Bank International currently has a consensus rating of “Hold”.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.