Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFY) Expands By 248.8%

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,789 shares, an increase of 248.8% from the February 26th total of 2,233 shares. Based on an average trading volume of 50,116 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Raiffeisen Bank International Stock Down 2.5%

Shares of Raiffeisen Bank International stock opened at $10.65 on Friday. The company has a market cap of $14.01 billion, a P/E ratio of 9.86 and a beta of 1.10. The firm’s 50 day moving average price is $11.82 and its 200-day moving average price is $10.40. Raiffeisen Bank International has a 52-week low of $4.86 and a 52-week high of $13.73.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its earnings results on Monday, March 2nd. The financial services provider reported $0.37 EPS for the quarter. The company had revenue of $2.63 billion during the quarter. Raiffeisen Bank International had a net margin of 10.91% and a return on equity of 6.19%.

Analysts Set New Price Targets

Separately, UBS Group raised shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy”.

Raiffeisen Bank International Company Profile

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.