Erste Group Bank AG (OTCMKTS:EBKDY) Short Interest Down 16.5% in February

Erste Group Bank AG (OTCMKTS:EBKDY) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 11,866 shares, a decrease of 16.5% from the January 29th total of 14,216 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 357,956 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 357,956 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Analyst Ratings Changes

Several brokerages have weighed in on EBKDY. Barclays upgraded Erste Group Bank from an “equal weight” rating to an “overweight” rating in a report on Tuesday, December 2nd. Citigroup upgraded Erste Group Bank to a “strong-buy” rating in a report on Wednesday, February 11th. Zacks Research raised shares of Erste Group Bank from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 2nd. Oddo Bhf cut shares of Erste Group Bank to a “neutral” rating in a research report on Thursday, November 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Erste Group Bank in a report on Wednesday, November 5th. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy”.

Erste Group Bank Trading Down 2.4%

Shares of EBKDY stock opened at $57.75 on Tuesday. Erste Group Bank has a twelve month low of $29.50 and a twelve month high of $66.88. The stock’s fifty day simple moving average is $61.92 and its 200 day simple moving average is $54.98. The company has a quick ratio of 0.15, a current ratio of 0.15 and a debt-to-equity ratio of 1.36. The firm has a market capitalization of $44.86 billion, a P/E ratio of 12.34, a P/E/G ratio of 0.57 and a beta of 0.86.

Erste Group Bank Company Profile

Erste Group Bank AG is an Austrian banking group headquartered in Vienna that operates as a universal bank serving retail, corporate and institutional customers. The group offers a broad range of financial services including deposit-taking, lending, mortgage financing, payment and transaction banking, and wealth management. Erste Group also provides capital markets services, corporate and investment banking solutions, and a range of insurance and pension-linked products through partnerships and subsidiary operations.

Erste Group maintains a significant regional presence beyond Austria, with operations across several Central and Eastern European countries.