Raiffeisen Bank International AG (OTCMKTS:RAIFY) Sees Large Increase in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,789 shares, an increase of 248.8% from the February 26th total of 2,233 shares. Based on an average daily volume of 50,116 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Raiffeisen Bank International Trading Up 4.0%

Raiffeisen Bank International stock opened at $10.92 on Thursday. The company has a fifty day simple moving average of $11.82 and a 200-day simple moving average of $10.40. The stock has a market cap of $14.37 billion, a P/E ratio of 10.11 and a beta of 1.10. Raiffeisen Bank International has a 12-month low of $4.86 and a 12-month high of $13.73.

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 6.19% and a net margin of 10.91%.The firm had revenue of $2.63 billion for the quarter.

Analyst Ratings Changes

Separately, UBS Group raised shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company 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.