ABN AMRO Bank (OTCMKTS:ABMRF – Get Free Report) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 1,533,639 shares, an increase of 192.7% from the May 31st total of 523,879 shares. Based on an average daily volume of 7,573 shares, the short-interest ratio is presently 202.5 days.
ABN AMRO Bank Stock Down 0.8%
Shares of ABMRF opened at $41.54 on Friday. ABN AMRO Bank has a 1-year low of $26.80 and a 1-year high of $41.89. The firm’s 50 day simple moving average is $36.84 and its 200 day simple moving average is $35.00.
About ABN AMRO Bank
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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