Raiffeisen Bank International AG (OTCMKTS:RAIFY) Sees Large Growth in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 21,878 shares, an increase of 114.0% from the August 31st total of 10,224 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 142,379 shares, the short-interest ratio is presently 0.2 days.

Raiffeisen Bank International Price Performance

Shares of RAIFY opened at $17.94 on Wednesday. The company has a market capitalization of $23.55 billion, a PE ratio of 8.54 and a beta of 1.24. Raiffeisen Bank International has a one year low of $8.25 and a one year high of $19.88. The company’s fifty day moving average price is $17.95 and its 200 day moving average price is $15.18.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its earnings results on Friday, July 31st. The financial services provider reported $0.67 earnings per share for the quarter. Raiffeisen Bank International had a net margin of 19.31% and a return on equity of 10.94%. The firm had revenue of $2.67 billion during the quarter.

About Raiffeisen Bank International

Raiffeisen Bank International AG is an Austrian banking group headquartered in Vienna. The company provides financial services to corporate, institutional and retail customers, including deposit accounts, lending, payment services, trade finance, investment banking, asset management and treasury solutions.

RBI serves customers in Austria and across Central and Eastern Europe through its banking subsidiaries and branch network. Its regional activities have included markets such as Albania, Bosnia and Herzegovina, Croatia, the Czech Republic, Hungary, Kosovo, Romania, Serbia and Slovakia, although its presence and operations may change over time.