Short Interest in Erste Group Bank AG (OTCMKTS:EBKOF) Drops By 46.5%

Erste Group Bank AG (OTCMKTS:EBKOF) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 297,839 shares, a drop of 46.5% from the July 15th total of 556,367 shares. Based on an average trading volume of 1,711 shares, the days-to-cover ratio is currently 174.1 days.

Erste Group Bank Stock Performance

Shares of OTCMKTS:EBKOF traded up $3.05 during trading on Friday, hitting $142.47. The company’s stock had a trading volume of 1,508 shares, compared to its average volume of 3,415. The business has a 50 day moving average price of $132.47 and a two-hundred day moving average price of $123.44. Erste Group Bank has a fifty-two week low of $93.73 and a fifty-two week high of $142.67.

About Erste Group Bank

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.