ABN AMRO Bank (OTCMKTS:ABMRF) Sees Significant Drop in Short Interest

ABN AMRO Bank (OTCMKTS:ABMRFGet Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 468,163 shares, a decrease of 39.8% from the April 30th total of 777,730 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

ABN AMRO Bank Stock Performance

ABN AMRO Bank stock opened at $34.34 on Tuesday. The stock has a 50 day moving average of $33.04 and a 200-day moving average of $33.83. ABN AMRO Bank has a 52 week low of $19.77 and a 52 week high of $35.99.

ABN AMRO Bank Company Profile

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ABN AMRO Bank is a leading full-service bank headquartered in Amsterdam, Netherlands, with roots tracing back to the 19th century. Formed in 1991 through the merger of Algemene Bank Nederland and Amsterdam-Rotterdam Bank, ABN AMRO went through a period of nationalization in 2008 before returning to the private market via an initial public offering in 2015. The bank operates under the supervision of De Nederlandsche Bank and the European Central Bank, reflecting its role in both domestic and cross-border financial services regulation.

The bank’s core activities span retail banking, private banking, corporate and institutional banking, and wealth management.

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