Raiffeisen Bank International AG (OTCMKTS:RAIFY) Sees Large Growth in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,422 shares, an increase of 89.8% from the July 30th total of 2,330 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,023 shares, the days-to-cover ratio is currently 0.6 days.

Raiffeisen Bank International Stock Up 0.5%

Shares of RAIFY stock opened at $18.07 on Friday. The stock has a 50-day simple moving average of $16.81 and a 200 day simple moving average of $14.20. The stock has a market capitalization of $23.72 billion, a P/E ratio of 8.60 and a beta of 1.24. Raiffeisen Bank International has a fifty-two week low of $8.09 and a fifty-two week high of $19.69.

Raiffeisen Bank International (OTCMKTS:RAIFY) last issued its quarterly earnings results on Friday, July 31st. The financial services provider reported $0.67 EPS for the quarter. Raiffeisen Bank International had a net margin of 19.31% and a return on equity of 11.08%. The firm had revenue of $2.67 billion for the quarter.

About Raiffeisen Bank International

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.