Addiko Bank AG (OTCMKTS:ADBKF) Short Interest Up 2,979.1% in April

Addiko Bank AG (OTCMKTS:ADBKF) saw a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 1,324 shares, a growth of 2,979.1% from the March 31st total of 43 shares. Based on an average trading volume of 460 shares, the days-to-cover ratio is currently 2.9 days.

Addiko Bank Price Performance

Shares of OTCMKTS ADBKF opened at C$31.36 on Friday. Addiko Bank has a twelve month low of C$30.20 and a twelve month high of C$31.85. The firm has a 50-day moving average of C$28.09 and a two-hundred day moving average of C$27.05.

About Addiko Bank

Addiko Bank AG is a regional banking group headquartered in Vienna, Austria, specializing in retail and small- to medium-sized enterprise (SME) banking across Central and Southeastern Europe. The bank provides a broad range of financial services, including savings and deposit accounts, consumer and mortgage loans, leasing solutions, and payment services. Its business model emphasizes simple, transparent products and efficient digital delivery channels to meet the evolving needs of individual and commercial clients.

The institution emerged in 2015 following a restructuring of certain assets of the former Hypo Alpe-Adria-Bank International AG.