Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Up 129.5% in April

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a significant increase in short interest in April. As of April 15th, there was short interest totaling 15,708 shares, an increase of 129.5% from the March 31st total of 6,844 shares. Based on an average daily trading volume, of 11,176 shares, the short-interest ratio is currently 1.4 days. Approximately 0.0% of the company’s stock are sold short.

Raiffeisen Bank International Stock Performance

RAIFY opened at $13.28 on Tuesday. The business’s 50-day simple moving average is $11.87 and its 200-day simple moving average is $11.01. Raiffeisen Bank International has a one year low of $6.12 and a one year high of $14.35. The stock has a market capitalization of $17.43 billion, a P/E ratio of 12.29 and a beta of 1.14.

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. Raiffeisen Bank International had a return on equity of 6.12% and a net margin of 10.91%.The business had revenue of $2.63 billion for the quarter.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus 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.