ABN AMRO Bank (OTCMKTS:AAVMY) Sees Large Decline in Short Interest

ABN AMRO Bank (OTCMKTS:AAVMYGet Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 12,922 shares, a decline of 68.5% from the June 30th total of 41,087 shares. Based on an average daily volume of 39,524 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

AAVMY has been the subject of a number of research analyst reports. Zacks Research upgraded ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada restated an “outperform” rating on shares of ABN AMRO Bank in a research report on Friday, July 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a research report on Friday, July 17th. Morgan Stanley reissued an “overweight” rating on shares of ABN AMRO Bank in a report on Thursday, May 14th. Finally, ABN Amro raised ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, ABN AMRO Bank currently has an average rating of “Buy”.

Get Our Latest Stock Analysis on ABN AMRO Bank

ABN AMRO Bank Price Performance

OTCMKTS:AAVMY opened at $43.30 on Tuesday. The business’s 50-day moving average is $41.46 and its two-hundred day moving average is $36.85. ABN AMRO Bank has a 12 month low of $27.16 and a 12 month high of $44.33. The firm has a market capitalization of $35.64 billion and a PE ratio of 14.68.

ABN AMRO Bank Company Profile

(Get Free Report)

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.

Further Reading

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