Short Interest in ABN AMRO Bank (OTCMKTS:ABMRF) Grows By 192.7%

ABN AMRO Bank (OTCMKTS:ABMRF) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,533,639 shares, a growth of 192.7% from the May 31st total of 523,879 shares. Based on an average trading volume of 7,573 shares, the short-interest ratio is currently 202.5 days.

ABN AMRO Bank Price Performance

Shares of ABN AMRO Bank stock opened at $41.54 on Tuesday. ABN AMRO Bank has a twelve month low of $26.80 and a twelve month high of $41.89. The firm’s 50-day moving average price is $36.98 and its 200 day moving average price is $35.05.

ABN AMRO Bank Company Profile

ABN AMRO Bank is a leading full-service bank headquartered in Amsterdam, Netherlands, with roots tracing back to the 19th century. Formed in 1991 through the merger of Algemene Bank Nederland and Amsterdam-Rotterdam Bank, ABN AMRO went through a period of nationalization in 2008 before returning to the private market via an initial public offering in 2015. The bank operates under the supervision of De Nederlandsche Bank and the European Central Bank, reflecting its role in both domestic and cross-border financial services regulation.

The bank’s core activities span retail banking, private banking, corporate and institutional banking, and wealth management.