Raiffeisen Bank International AG (OTCMKTS:RAIFF) Sees Significant Growth in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFF) was the recipient of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 98,600 shares, a growth of 121.6% from the October 15th total of 44,500 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 986.0 days.

Raiffeisen Bank International Price Performance

Raiffeisen Bank International stock traded down $0.79 during midday trading on Wednesday, hitting $18.90. 600 shares of the stock were exchanged, compared to its average volume of 1,455. Raiffeisen Bank International has a fifty-two week low of $16.72 and a fifty-two week high of $21.89. The stock’s 50-day simple moving average is $19.50 and its 200 day simple moving average is $18.87.

About Raiffeisen Bank International

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.