Erste Group Bank AG (OTCMKTS:EBKOF) Sees Significant Decline in Short Interest

Erste Group Bank AG (OTCMKTS:EBKOF) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 297,839 shares, a decrease of 46.5% from the July 15th total of 556,367 shares. Based on an average daily trading volume, of 1,711 shares, the short-interest ratio is currently 174.1 days.

Erste Group Bank Price Performance

OTCMKTS EBKOF traded up $0.14 during mid-day trading on Monday, reaching $142.61. 576 shares of the company’s stock traded hands, compared to its average volume of 3,393. The company has a fifty day simple moving average of $132.47 and a 200-day simple moving average of $123.41. Erste Group Bank has a 1-year low of $93.73 and a 1-year high of $142.67.

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.