Raiffeisen Bank International AG (OTCMKTS:RAIFF) Sees Large Decline in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFF) was the recipient of a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 41,152 shares, a drop of 51.0% from the April 30th total of 83,956 shares. Based on an average trading volume of 602 shares, the short-interest ratio is currently 68.4 days.

Analyst Upgrades and Downgrades

Separately, Citigroup reaffirmed a “neutral” rating on shares of Raiffeisen Bank International in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Raiffeisen Bank International Stock Performance

OTCMKTS RAIFF remained flat at $53.30 during mid-day trading on Monday. Raiffeisen Bank International has a twelve month low of $27.79 and a twelve month high of $53.30. The firm has a 50 day moving average of $48.11 and a 200-day moving average of $44.25.

About Raiffeisen Bank International

Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.