ABN AMRO Bank (OTCMKTS:ABMRF) Sees Large Increase in Short Interest

ABN AMRO Bank (OTCMKTS:ABMRFGet Free Report) was the target of a significant increase in short interest in May. As of May 31st, there was short interest totalling 677,800 shares, an increase of 166.1% from the May 15th total of 254,700 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 1,694.5 days.

ABN AMRO Bank Stock Up 1.2%

Shares of ABMRF stock opened at $26.11 on Friday. The business’s fifty day simple moving average is $22.77 and its 200-day simple moving average is $19.43. ABN AMRO Bank has a 12-month low of $14.72 and a 12-month high of $26.60.

About ABN AMRO Bank

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ABN AMRO Bank N.V. provides various banking products and financial services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; investment and insurance products; and consumer, personal, car, and home improvement loan.

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