Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFF) Decreases By 73.9%

Raiffeisen Bank International AG (OTCMKTS:RAIFF) was the recipient of a large drop in short interest in March. As of March 31st, there was short interest totaling 39,455 shares, a drop of 73.9% from the March 15th total of 151,455 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ? days.

Raiffeisen Bank International Stock Performance

OTCMKTS:RAIFF remained flat at $45.95 during trading hours on Monday. The company’s fifty day simple moving average is $46.21 and its 200 day simple moving average is $40.81. Raiffeisen Bank International has a 1-year low of $27.79 and a 1-year high of $52.59.

Analysts Set New Price Targets

RAIFF has been the topic of a number of analyst reports. Citigroup reiterated a “neutral” rating on shares of Raiffeisen Bank International in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Raiffeisen Bank International in a report on Monday, January 26th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Raiffeisen Bank International has a consensus rating of “Hold”.

About Raiffeisen Bank International

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.