Short Interest in ABN AMRO Bank (OTCMKTS:AAVMY) Decreases By 30.8%

ABN AMRO Bank (OTCMKTS:AAVMY) was the recipient of a large decrease in short interest in March. As of March 31st, there was short interest totalling 7,400 shares, a decrease of 30.8% from the March 15th total of 10,700 shares. Based on an average daily volume of 21,000 shares, the short-interest ratio is presently 0.4 days.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Morgan Stanley reiterated an “underweight” rating on shares of ABN AMRO Bank in a research note on Friday, March 7th. Royal Bank of Canada raised ABN AMRO Bank from a “sector perform” rating to an “outperform” rating in a research note on Friday, April 4th. Finally, Barclays reiterated an “overweight” rating on shares of ABN AMRO Bank in a research note on Tuesday.

ABN AMRO Bank Trading Up 0.5 %

Shares of AAVMY opened at $20.66 on Friday. ABN AMRO Bank has a 52-week low of $14.77 and a 52-week high of $22.09. The business’s fifty day moving average is $19.95 and its 200-day moving average is $17.43.

ABN AMRO Bank Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 9th. Stockholders of record on Monday, April 28th will be issued a $0.7797 dividend. The ex-dividend date is Monday, April 28th. This is a boost from ABN AMRO Bank’s previous dividend of $0.51.

ABN AMRO Bank Company Profile

ABN AMRO Bank N.V. provides various banking products and financial services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; investment and insurance products; and consumer, personal, car, and home improvement loan.