Short Interest in Erste Group Bank AG (OTCMKTS:EBKOF) Decreases By 47.2%

Erste Group Bank AG (OTCMKTS:EBKOF) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 181,409 shares, a drop of 47.2% from the May 14th total of 343,793 shares. Based on an average daily volume of 5,462 shares, the short-interest ratio is currently 33.2 days.

Erste Group Bank Trading Up 3.5%

EBKOF stock opened at $131.01 on Tuesday. The firm has a 50 day moving average price of $118.72 and a 200-day moving average price of $118.72. Erste Group Bank has a 52-week low of $80.79 and a 52-week high of $135.16.

About Erste Group Bank

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.