Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Down 84.7% in May

Raiffeisen Bank International AG (OTCMKTS:RAIFYGet Free Report) saw a significant decline in short interest in May. As of May 15th, there was short interest totaling 1,329 shares, a decline of 84.7% from the April 30th total of 8,671 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 7,956 shares, the days-to-cover ratio is presently 0.2 days.

Raiffeisen Bank International Stock Performance

RAIFY traded up $0.05 during trading on Thursday, reaching $13.79. The stock had a trading volume of 662 shares, compared to its average volume of 8,849. The business has a 50-day moving average of $12.61 and a 200-day moving average of $11.71. Raiffeisen Bank International has a one year low of $6.65 and a one year high of $14.90. The stock has a market cap of $18.11 billion, a PE ratio of 14.83 and a beta of 1.25.

Raiffeisen Bank International (OTCMKTS:RAIFYGet Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The financial services provider reported $0.39 EPS for the quarter. The firm had revenue of $2.59 billion for the quarter. Raiffeisen Bank International had a net margin of 9.35% and a return on equity of 5.23%.

Analysts Set New Price Targets

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

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Raiffeisen Bank International Company Profile

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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.

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