Raiffeisen Bank International AG (OTCMKTS:RAIFY) Sees Large Growth in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the recipient of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 4,422 shares, a growth of 89.8% from the July 30th total of 2,330 shares. Based on an average daily trading volume, of 8,023 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are short sold.

Raiffeisen Bank International Price Performance

Shares of OTCMKTS RAIFY opened at $18.41 on Tuesday. The firm’s 50 day simple moving average is $16.86 and its 200-day simple moving average is $14.25. Raiffeisen Bank International has a 12 month low of $8.09 and a 12 month high of $19.69. The stock has a market capitalization of $24.17 billion, a price-to-earnings ratio of 8.77 and a beta of 1.24.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its quarterly earnings data on Friday, July 31st. The financial services provider reported $0.67 earnings per share for the quarter. Raiffeisen Bank International had a net margin of 19.31% and a return on equity of 11.08%. The company had revenue of $2.67 billion during 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.