Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFY) Drops By 44.8%

Raiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 8,671 shares, a decline of 44.8% from the April 15th total of 15,708 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 9,895 shares, the days-to-cover ratio is currently 0.9 days.

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 analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Raiffeisen Bank International presently has an average rating of “Buy”.

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Raiffeisen Bank International Trading Down 5.0%

RAIFY traded down $0.70 during trading hours on Monday, hitting $13.29. 1,639 shares of the company’s stock were exchanged, compared to its average volume of 9,041. Raiffeisen Bank International has a 12-month low of $6.65 and a 12-month high of $14.90. The firm has a 50 day moving average of $12.19 and a 200 day moving average of $11.44. The firm has a market cap of $17.45 billion, a P/E ratio of 14.29 and a beta of 1.25.

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

About Raiffeisen Bank International

(Get Free Report)

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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