ABN AMRO Bank (OTCMKTS:AAVMY) Short Interest Down 38.3% in July

ABN AMRO Bank (OTCMKTS:AAVMY) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 7,973 shares, a decrease of 38.3% from the July 15th total of 12,922 shares. Based on an average daily volume of 55,390 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

ABN AMRO Bank Stock Down 1.7%

Shares of OTCMKTS AAVMY traded down $0.85 during mid-day trading on Wednesday, reaching $47.76. 170 shares of the company’s stock were exchanged, compared to its average volume of 22,715. The firm has a market capitalization of $39.31 billion and a price-to-earnings ratio of 14.74. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 2.95. The business has a fifty day simple moving average of $43.72 and a 200 day simple moving average of $37.99. ABN AMRO Bank has a twelve month low of $28.42 and a twelve month high of $48.66.

ABN AMRO Bank (OTCMKTS:AAVMY) last posted its earnings results on Wednesday, August 12th. The company reported $1.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.13. The business had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.67 billion. ABN AMRO Bank had a return on equity of 9.16% and a net margin of 14.22%. As a group, equities analysts expect that ABN AMRO Bank will post 3.42 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on AAVMY shares. Citigroup reissued a “buy” rating on shares of ABN AMRO Bank in a research note on Thursday, August 13th. ABN Amro raised shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research note on Tuesday, June 2nd. Royal Bank Of Canada reiterated an “outperform” rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th. Finally, Zacks Research raised ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, ABN AMRO Bank has a consensus rating of “Buy”.

About ABN AMRO Bank

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.