Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFY) Declines By 77.5%

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 2,357 shares, a drop of 77.5% from the June 15th total of 10,470 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 27,701 shares, the days-to-cover ratio is currently 0.1 days.

Raiffeisen Bank International Trading Down 2.7%

Shares of Raiffeisen Bank International stock traded down $0.43 during midday trading on Monday, reaching $15.61. The company had a trading volume of 2,599 shares, compared to its average volume of 9,438. The stock has a fifty day simple moving average of $14.64 and a 200 day simple moving average of $12.82. The company has a market capitalization of $20.49 billion, a price-to-earnings ratio of 16.78 and a beta of 1.24. Raiffeisen Bank International has a 1-year low of $6.65 and a 1-year high of $16.88.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its earnings results on Tuesday, May 5th. The financial services provider reported $0.39 earnings per share for the quarter. Raiffeisen Bank International had a net margin of 9.35% and a return on equity of 5.13%. The company had revenue of $2.59 billion for the quarter.

Raiffeisen Bank International Company Profile

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.