Erste Group Bank AG (OTCMKTS:EBKOF) Sees Significant Decline in Short Interest

Erste Group Bank AG (OTCMKTS:EBKOF) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 297,839 shares, a decline of 46.5% from the July 15th total of 556,367 shares. Based on an average daily volume of 1,711 shares, the short-interest ratio is currently 174.1 days.

Erste Group Bank Price Performance

Shares of EBKOF stock traded down $2.23 during mid-day trading on Tuesday, hitting $140.24. The stock had a trading volume of 334 shares, compared to its average volume of 3,397. Erste Group Bank has a 12-month low of $93.73 and a 12-month high of $142.82. The firm’s 50-day moving average is $132.95 and its two-hundred day moving average is $123.47.

Erste Group Bank Company Profile

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.