Erste Group Bank AG (OTCMKTS:EBKDY) Short Interest Update

Erste Group Bank AG (OTCMKTS:EBKDY) saw a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 15,800 shares, an increase of 73.6% from the October 31st total of 9,100 shares. Based on an average daily volume of 83,300 shares, the days-to-cover ratio is presently 0.2 days.

Analyst Upgrades and Downgrades

Separately, Keefe, Bruyette & Woods raised Erste Group Bank from a “moderate sell” rating to a “hold” rating in a report on Friday, November 22nd.

Erste Group Bank Price Performance

Shares of EBKDY stock traded up $0.62 during trading hours on Friday, hitting $27.35. The stock had a trading volume of 17,282 shares, compared to its average volume of 39,903. The firm has a market capitalization of $23.02 billion, a PE ratio of 6.77, a PEG ratio of 0.82 and a beta of 1.32. The stock’s 50 day moving average is $27.25 and its 200 day moving average is $26.01. Erste Group Bank has a twelve month low of $19.47 and a twelve month high of $29.34.

Erste Group Bank (OTCMKTS:EBKDY) last announced its earnings results on Thursday, October 31st. The financial services provider reported $1.18 EPS for the quarter. The business had revenue of $3.02 billion for the quarter. Erste Group Bank had a return on equity of 11.11% and a net margin of 15.21%. As a group, equities analysts predict that Erste Group Bank will post 4.27 earnings per share for the current year.

Erste Group Bank Company Profile

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.