Erste Group Bank AG (OTCMKTS:EBKDY) Short Interest Update

Erste Group Bank AG (OTCMKTS:EBKDY) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 37,881 shares, a growth of 368.3% from the February 26th total of 8,089 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 267,153 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 267,153 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

A number of analysts have issued reports on EBKDY shares. Citigroup raised Erste Group Bank to a “strong-buy” rating in a research report on Wednesday, February 11th. Zacks Research upgraded Erste Group Bank from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 2nd. Finally, Barclays raised Erste Group Bank from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, December 2nd. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Buy”.

Erste Group Bank Trading Down 1.0%

OTCMKTS EBKDY opened at $52.93 on Wednesday. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.15 and a current ratio of 0.15. The firm has a market cap of $41.11 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 0.51 and a beta of 0.86. The firm has a 50 day simple moving average of $59.98 and a 200-day simple moving average of $55.59. Erste Group Bank has a one year low of $29.50 and a one year high of $66.88.

About Erste Group Bank

Erste Group Bank AG is an Austrian banking group headquartered in Vienna that operates as a universal bank serving retail, corporate and institutional customers. The group offers a broad range of financial services including deposit-taking, lending, mortgage financing, payment and transaction banking, and wealth management. Erste Group also provides capital markets services, corporate and investment banking solutions, and a range of insurance and pension-linked products through partnerships and subsidiary operations.

Erste Group maintains a significant regional presence beyond Austria, with operations across several Central and Eastern European countries.