Addiko Bank AG (OTCMKTS:ADBKF) Sees Significant Drop in Short Interest

Addiko Bank AG (OTCMKTS:ADBKFGet Free Report) was the recipient of a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 33 shares, a decrease of 75.2% from the July 15th total of 133 shares. Based on an average trading volume of 17 shares, the short-interest ratio is presently 1.9 days.

Addiko Bank Price Performance

OTCMKTS:ADBKF opened at C$32.25 on Thursday. The firm’s 50 day moving average is C$31.16 and its 200 day moving average is C$29.61. Addiko Bank has a 12 month low of C$29.05 and a 12 month high of C$32.25.

Addiko Bank Company Profile

(Get Free Report)

Addiko Bank AG is a regional banking group headquartered in Vienna, Austria, specializing in retail and small- to medium-sized enterprise (SME) banking across Central and Southeastern Europe. The bank provides a broad range of financial services, including savings and deposit accounts, consumer and mortgage loans, leasing solutions, and payment services. Its business model emphasizes simple, transparent products and efficient digital delivery channels to meet the evolving needs of individual and commercial clients.

The institution emerged in 2015 following a restructuring of certain assets of the former Hypo Alpe-Adria-Bank International AG.

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