Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFY) Declines By 81.9%

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a significant decline in short interest in February. As of February 27th, there was short interest totaling 2,233 shares, a decline of 81.9% from the February 12th total of 12,310 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 6,805 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 6,805 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

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

Raiffeisen Bank International Trading Down 1.1%

Raiffeisen Bank International stock opened at $11.24 on Thursday. The firm’s 50 day simple moving average is $11.86 and its 200 day simple moving average is $10.24. The firm has a market capitalization of $14.79 billion, a PE ratio of 10.41 and a beta of 1.10. Raiffeisen Bank International has a 1-year low of $4.86 and a 1-year high of $13.73.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its quarterly earnings results on Monday, March 2nd. The financial services provider reported $0.37 EPS for the quarter. The firm had revenue of $2.63 billion during the quarter. Raiffeisen Bank International had a net margin of 10.91% and a return on equity of 6.19%.

Raiffeisen Bank International Company Profile

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.