Short Interest in ABN AMRO Bank (OTCMKTS:AAVMY) Decreases By 68.5%

ABN AMRO Bank (OTCMKTS:AAVMY) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 12,922 shares, a drop of 68.5% from the June 30th total of 41,087 shares. Based on an average daily trading volume, of 39,524 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

ABN AMRO Bank Trading Up 1.2%

ABN AMRO Bank stock opened at $42.84 on Friday. The stock has a 50-day moving average price of $41.35 and a 200 day moving average price of $36.79. ABN AMRO Bank has a 52 week low of $27.16 and a 52 week high of $44.33. The stock has a market cap of $35.26 billion and a PE ratio of 14.52.

Analyst Ratings Changes

AAVMY has been the subject of a number of research reports. Morgan Stanley reiterated an “overweight” rating on shares of ABN AMRO Bank in a research report on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ABN AMRO Bank in a research note on Friday, July 17th. Citigroup reaffirmed a “buy” rating on shares of ABN AMRO Bank in a report on Wednesday. ABN Amro upgraded ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research report on Tuesday, June 2nd. Finally, Zacks Research upgraded ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.

About ABN AMRO Bank

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.