ABN AMRO Bank (OTCMKTS:AAVMY) Short Interest Update

ABN AMRO Bank (OTCMKTS:AAVMY) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 24,200 shares, a growth of 105.1% from the September 15th total of 11,800 shares. Based on an average trading volume of 32,500 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 32,500 shares, the days-to-cover ratio is currently 0.7 days.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. The Goldman Sachs Group upgraded shares of ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research note on Friday, October 3rd. Barclays reiterated an “overweight” rating on shares of ABN AMRO Bank in a research note on Tuesday, July 15th. Morgan Stanley reiterated an “overweight” rating on shares of ABN AMRO Bank in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of ABN AMRO Bank in a research note on Friday, July 11th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

ABN AMRO Bank Stock Performance

Shares of OTCMKTS AAVMY opened at $28.85 on Tuesday. The firm has a 50 day moving average of $30.35 and a 200 day moving average of $26.95. ABN AMRO Bank has a 12-month low of $14.77 and a 12-month high of $34.89.

ABN AMRO Bank Company Profile

ABN AMRO Bank N.V. provides various banking products and financial services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; investment and insurance products; and consumer, personal, car, and home improvement loan.