Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFF) Grows By 101.8%

Raiffeisen Bank International AG (OTCMKTS:RAIFF) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 83,956 shares, an increase of 101.8% from the April 15th total of 41,602 shares. Based on an average daily volume of 30 shares, the short-interest ratio is presently 2,798.5 days.

Analysts Set New Price Targets

Several brokerages have weighed in on RAIFF. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Raiffeisen Bank International in a report on Monday, January 26th. Citigroup reissued a “neutral” rating on shares of Raiffeisen Bank International in a report on Wednesday, February 4th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Raiffeisen Bank International Price Performance

Shares of Raiffeisen Bank International stock remained flat at $53.00 during trading hours on Friday. Raiffeisen Bank International has a twelve month low of $27.79 and a twelve month high of $53.00. The business has a 50-day moving average of $46.32 and a 200 day moving average of $42.88.

About Raiffeisen Bank International

Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.