ABN AMRO Bank (OTCMKTS:AAVMY) Short Interest Down 55.1% in February

ABN AMRO Bank (OTCMKTS:AAVMYGet Free Report) was the recipient of a large decrease in short interest during the month of February. As of February 27th, there was short interest totaling 6,846 shares, a decrease of 55.1% from the February 12th total of 15,250 shares. Based on an average trading volume of 35,384 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 35,384 shares, the short-interest ratio is presently 0.2 days.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AAVMY. Jefferies Financial Group began coverage on ABN AMRO Bank in a research note on Tuesday, January 27th. They issued a “buy” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of ABN AMRO Bank in a report on Monday, November 24th. Royal Bank Of Canada reiterated an “outperform” rating on shares of ABN AMRO Bank in a research report on Thursday, November 13th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a research note on Wednesday, February 18th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Analysis on AAVMY

ABN AMRO Bank Price Performance

Shares of AAVMY stock opened at $32.81 on Thursday. The stock has a 50 day simple moving average of $35.03 and a 200-day simple moving average of $32.77. ABN AMRO Bank has a 12-month low of $18.12 and a 12-month high of $38.20.

ABN AMRO Bank Company Profile

(Get Free Report)

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.

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