Raiffeisen Bank International AG (OTCMKTS:RAIFY) Sees Significant Increase in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a large growth in short interest in the month of June. As of June 30th, there was short interest totalling 400 shares, a growth of 300.0% from the June 15th total of 100 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is currently 0.2 days.

Raiffeisen Bank International Stock Performance

RAIFY remained flat at $4.85 during trading on Thursday. The company had a trading volume of 128 shares, compared to its average volume of 714. The stock has a 50 day simple moving average of $4.48 and a 200 day simple moving average of $4.87. The company has a market capitalization of $6.38 billion, a price-to-earnings ratio of 2.57 and a beta of 1.59. Raiffeisen Bank International has a twelve month low of $3.29 and a twelve month high of $5.55.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its quarterly earnings results on Thursday, May 2nd. The financial services provider reported $0.53 earnings per share (EPS) for the quarter. The business had revenue of $2.39 billion during the quarter. Raiffeisen Bank International had a return on equity of 11.90% and a net margin of 16.66%.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.