Short Interest in Addiko Bank AG (OTCMKTS:ADBKF) Grows By 30.3%

Addiko Bank AG (OTCMKTS:ADBKF) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 43 shares, a growth of 30.3% from the February 26th total of 33 shares. Based on an average trading volume of 2 shares, the short-interest ratio is presently 21.5 days.

Addiko Bank Price Performance

OTCMKTS ADBKF remained flat at C$26.50 during mid-day trading on Monday. Addiko Bank has a one year low of C$18.68 and a one year high of C$27.05. The business’s 50 day moving average price is C$26.50 and its 200-day moving average price is C$26.50.

Addiko Bank Company Profile

Addiko Bank AG is a regional banking group headquartered in Vienna, Austria, specializing in retail and small- to medium-sized enterprise (SME) banking across Central and Southeastern Europe. The bank provides a broad range of financial services, including savings and deposit accounts, consumer and mortgage loans, leasing solutions, and payment services. Its business model emphasizes simple, transparent products and efficient digital delivery channels to meet the evolving needs of individual and commercial clients.

The institution emerged in 2015 following a restructuring of certain assets of the former Hypo Alpe-Adria-Bank International AG.