BAWAG Group AG (OTCMKTS:BWAGF) Sees Significant Drop in Short Interest

BAWAG Group AG (OTCMKTS:BWAGF) was the recipient of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 7,768 shares, a drop of 81.9% from the January 29th total of 42,885 shares. Based on an average daily volume of 175 shares, the days-to-cover ratio is currently 44.4 days. Based on an average daily volume of 175 shares, the days-to-cover ratio is currently 44.4 days.

BAWAG Group Stock Performance

Shares of BWAGF stock remained flat at $159.25 during trading on Wednesday. The stock has a 50-day moving average of $156.61 and a two-hundred day moving average of $137.69. BAWAG Group has a 1-year low of $85.52 and a 1-year high of $167.43.

BAWAG Group Company Profile

BAWAG Group AG is a Vienna?based banking and financial services group offering a broad range of products to private individuals, small and medium?sized enterprises, corporate clients and institutional investors. Through its principal operating unit, BAWAG P.S.K., the Group delivers retail and digital banking services, consumer finance, leasing solutions and mortgage lending. In addition, BAWAG Group provides corporate and commercial banking, treasury and capital markets activities.

The Group’s retail platform combines traditional branch networks with a growing suite of online and mobile banking channels.