ABN AMRO Bank (OTCMKTS:AAVMY) Short Interest Update

ABN AMRO Bank (OTCMKTS:AAVMY) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 13,079 shares, an increase of 64.0% from the July 30th total of 7,973 shares. Based on an average trading volume of 32,316 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ABN AMRO Bank in a report on Thursday, August 13th. Zacks Research upgraded ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Citigroup reissued a “buy” rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th. Royal Bank Of Canada restated an “outperform” rating on shares of ABN AMRO Bank in a research note on Thursday, August 13th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, ABN AMRO Bank presently has an average rating of “Buy”.

ABN AMRO Bank Price Performance

OTCMKTS:AAVMY opened at $48.28 on Tuesday. ABN AMRO Bank has a one year low of $28.46 and a one year high of $48.66. The company has a market cap of $39.60 billion and a P/E ratio of 14.90. The firm’s fifty day moving average price is $44.87 and its two-hundred day moving average price is $38.67. The company has a debt-to-equity ratio of 2.95, a current ratio of 1.14 and a quick ratio of 1.14.

ABN AMRO Bank (OTCMKTS:AAVMY) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.13. The company had revenue of $2.80 billion for the quarter, compared to analyst estimates of $2.67 billion. ABN AMRO Bank had a net margin of 14.22% and a return on equity of 9.16%. Equities analysts expect that ABN AMRO Bank will post 3.42 earnings per share for the current year.

About ABN AMRO Bank

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.