Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Down 81.9% in February

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a significant decline in short interest in February. As of February 27th, there was short interest totaling 2,233 shares, a decline of 81.9% from the February 12th total of 12,310 shares. Based on an average daily trading volume, of 6,805 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,805 shares, the days-to-cover ratio is currently 0.3 days.

Raiffeisen Bank International Trading Up 4.8%

Shares of OTCMKTS:RAIFY traded up $0.53 during trading on Tuesday, reaching $11.37. The company had a trading volume of 16,074 shares, compared to its average volume of 12,081. The company has a fifty day moving average of $11.86 and a two-hundred day moving average of $10.21. The stock has a market capitalization of $14.95 billion, a P/E ratio of 10.52 and a beta of 1.10. Raiffeisen Bank International has a 12 month low of $4.86 and a 12 month high of $13.73.

Raiffeisen Bank International (OTCMKTS:RAIFY) last announced its earnings results on Monday, March 2nd. The financial services provider reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $2.63 billion during the quarter. Raiffeisen Bank International had a net margin of 10.91% and a return on equity of 6.19%.

Analysts Set New Price Targets

Separately, UBS Group raised Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Raiffeisen Bank International currently has an average rating of “Buy”.

About Raiffeisen Bank International

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.