Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Down 81.9% in February

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 2,233 shares, a decline of 81.9% from the February 12th total of 12,310 shares. Based on an average daily trading volume, of 6,805 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 6,805 shares, the days-to-cover ratio is currently 0.3 days.

Raiffeisen Bank International Price Performance

RAIFY traded up $0.53 during midday trading on Tuesday, reaching $11.37. 16,074 shares of the company’s stock traded hands, compared to its average volume of 12,081. Raiffeisen Bank International has a 52 week low of $4.86 and a 52 week high of $13.73. The firm has a fifty day moving average of $11.86 and a two-hundred day moving average of $10.21. The stock has a market capitalization of $14.95 billion, a price-to-earnings ratio of 10.52 and a beta of 1.10.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its quarterly earnings data on Monday, March 2nd. The financial services provider reported $0.37 earnings per share for the quarter. Raiffeisen Bank International had a return on equity of 6.19% and a net margin of 10.91%.The firm had revenue of $2.63 billion for the quarter.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy”.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.