Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Update

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 12,310 shares, a growth of 121.0% from the January 29th total of 5,571 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 28,626 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 28,626 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

Raiffeisen Bank International Price Performance

Raiffeisen Bank International stock opened at $12.51 on Friday. The stock’s 50 day moving average is $11.85 and its 200 day moving average is $10.11. Raiffeisen Bank International has a one year low of $4.86 and a one year high of $13.73. The firm has a market cap of $16.46 billion, a P/E ratio of 17.62 and a beta of 1.10.

Wall Street Analysts Forecast Growth

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

About Raiffeisen Bank International

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.