Short Interest in ABN AMRO Bank (OTCMKTS:AAVMY) Expands By 285.4%

ABN AMRO Bank (OTCMKTS:AAVMY) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 46,865 shares, an increase of 285.4% from the May 31st total of 12,161 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 33,563 shares, the days-to-cover ratio is currently 1.4 days.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Zacks Research raised shares of ABN AMRO Bank to a “hold” rating in a research note on Friday, April 24th. ABN Amro raised ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research report on Tuesday, June 2nd. Citigroup restated a “buy” rating on shares of ABN AMRO Bank in a research report on Monday, May 18th. Royal Bank Of Canada restated an “outperform” rating on shares of ABN AMRO Bank in a report on Thursday, May 14th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of ABN AMRO Bank in a research note on Thursday, May 14th. Seven equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

ABN AMRO Bank Stock Down 1.5%

Shares of OTCMKTS:AAVMY opened at $41.18 on Friday. The firm has a market capitalization of $33.90 billion and a price-to-earnings ratio of 32.17. The stock’s 50 day moving average is $38.18 and its 200-day moving average is $35.59. ABN AMRO Bank has a twelve month low of $26.95 and a twelve month high of $43.89.

ABN AMRO Bank (OTCMKTS:AAVMY) last released its quarterly earnings data on Monday, June 15th. The company reported $999.00 earnings per share for the quarter.

ABN AMRO Bank Company Profile

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.