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

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 10,224 shares, a growth of 131.2% from the August 15th total of 4,422 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 91,741 shares, the short-interest ratio is presently 0.1 days.

Raiffeisen Bank International Stock Performance

OTCMKTS:RAIFY opened at $18.10 on Wednesday. The company has a market cap of $23.76 billion, a PE ratio of 8.62 and a beta of 1.24. Raiffeisen Bank International has a 52-week low of $8.25 and a 52-week high of $19.88. The stock has a 50-day simple moving average of $17.51 and a 200 day simple moving average of $14.73.

Raiffeisen Bank International (OTCMKTS:RAIFY) last released its earnings results on Friday, July 31st. The financial services provider reported $0.67 EPS for the quarter. Raiffeisen Bank International had a return on equity of 10.94% and a net margin of 19.31%.The firm had revenue of $2.67 billion for the quarter.

About Raiffeisen Bank International

Raiffeisen Bank International AG (OTCMKTS:RAIFY) is an Austrian banking group headquartered in Vienna. The company provides banking and financial services to individuals, small and medium-sized businesses, corporate clients and institutional customers.

Its product and service offerings include current and savings accounts, consumer and mortgage lending, business financing, payment services, investment and wealth management, trade finance, leasing, and corporate and investment banking. RBI also serves larger clients through capital-markets, treasury and advisory services.

Raiffeisen Bank International operates in Austria and has historically maintained a broad network of banking subsidiaries and branches across Central and Eastern Europe, including markets such as the Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Croatia, Serbia, Bosnia and Herzegovina, Kosovo and Ukraine.