Short Interest in ABN AMRO Bank (OTCMKTS:AAVMY) Increases By 20.1%

ABN AMRO Bank (OTCMKTS:AAVMY) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 8,221 shares, a growth of 20.1% from the February 26th total of 6,846 shares. Based on an average daily trading volume, of 71,790 shares, the days-to-cover ratio is presently 0.1 days.

ABN AMRO Bank Stock Down 0.7%

ABN AMRO Bank stock opened at $30.24 on Tuesday. ABN AMRO Bank has a 1-year low of $18.12 and a 1-year high of $38.20. The company has a fifty day simple moving average of $33.87 and a 200 day simple moving average of $32.96.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on AAVMY shares. Jefferies Financial Group started coverage on shares of ABN AMRO Bank in a research note on Tuesday, January 27th. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a research report on Wednesday, February 18th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

About ABN AMRO Bank

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.