ABN AMRO Bank (OTCMKTS:AAVMY) Short Interest Up 32.9% in December

ABN AMRO Bank (OTCMKTS:AAVMY) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 44,604 shares, a growth of 32.9% from the December 15th total of 33,565 shares. Based on an average daily volume of 27,595 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 27,595 shares, the short-interest ratio is presently 1.6 days.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on AAVMY. Morgan Stanley reiterated an “overweight” rating on shares of ABN AMRO Bank in a report on Monday, November 24th. Royal Bank Of Canada reissued an “outperform” rating on shares of ABN AMRO Bank in a research note on Thursday, November 13th. The Goldman Sachs Group raised shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research note on Friday, October 3rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a research report on Wednesday, December 3rd. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

ABN AMRO Bank Stock Up 0.2%

ABN AMRO Bank stock opened at $36.03 on Friday. The company has a fifty day simple moving average of $34.00 and a 200-day simple moving average of $31.20. ABN AMRO Bank has a 12-month low of $16.18 and a 12-month high of $36.24.

ABN AMRO Bank Company Profile

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.