Raiffeisen Bank International AG (OTCMKTS:RAIFF) Sees Significant Growth in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFF) was the recipient of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 151,455 shares, a growth of 259.4% from the February 26th total of 42,142 shares. Based on an average trading volume of 2,511 shares, the days-to-cover ratio is presently 60.3 days. Based on an average trading volume of 2,511 shares, the days-to-cover ratio is presently 60.3 days.

Analyst Ratings Changes

Several equities research analysts recently issued reports on RAIFF shares. Citigroup reaffirmed a “neutral” rating on shares of Raiffeisen Bank International in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Raiffeisen Bank International in a research report on Monday, January 26th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Raiffeisen Bank International Price Performance

RAIFF stock opened at $45.00 on Wednesday. The company has a fifty day moving average price of $45.31 and a 200-day moving average price of $39.60. Raiffeisen Bank International has a 52-week low of $27.79 and a 52-week high of $52.59.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.