Addiko Bank AG (OTCMKTS:ADBKF) Sees Significant Increase in Short Interest

Addiko Bank AG (OTCMKTS:ADBKF) was the recipient of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,324 shares, an increase of 2,979.1% from the March 31st total of 43 shares. Based on an average daily trading volume, of 460 shares, the short-interest ratio is currently 2.9 days.

Addiko Bank Stock Performance

Addiko Bank stock remained flat at C$31.36 during trading hours on Friday. The firm has a fifty day simple moving average of C$27.99 and a 200 day simple moving average of C$27.02. Addiko Bank has a 12-month low of C$30.20 and a 12-month high of C$31.85.

Addiko Bank Company Profile

Addiko Bank AG is a regional banking group headquartered in Vienna, Austria, specializing in retail and small- to medium-sized enterprise (SME) banking across Central and Southeastern Europe. The bank provides a broad range of financial services, including savings and deposit accounts, consumer and mortgage loans, leasing solutions, and payment services. Its business model emphasizes simple, transparent products and efficient digital delivery channels to meet the evolving needs of individual and commercial clients.

The institution emerged in 2015 following a restructuring of certain assets of the former Hypo Alpe-Adria-Bank International AG.