Addiko Bank AG (OTCMKTS:ADBKF – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 134 shares, a decline of 44.9% from the May 31st total of 243 shares. Based on an average daily volume of 73 shares, the days-to-cover ratio is presently 1.8 days.
Addiko Bank Stock Performance
OTCMKTS:ADBKF opened at C$30.23 on Thursday. The stock’s fifty day moving average is C$31.20 and its 200 day moving average is C$28.58. Addiko Bank has a fifty-two week low of C$29.05 and a fifty-two week high of C$32.10.
About Addiko Bank
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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