Addiko Bank AG (OTCMKTS:ADBKF) Sees Significant Increase in Short Interest

Addiko Bank AG (OTCMKTS:ADBKF) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,324 shares, an increase of 2,979.1% from the March 31st total of 43 shares. Based on an average daily volume of 460 shares, the days-to-cover ratio is presently 2.9 days.

Addiko Bank Price Performance

OTCMKTS:ADBKF remained flat at C$31.36 during mid-day trading on Friday. The business’s 50 day moving average is C$27.99 and its 200-day moving average is C$27.02. Addiko Bank has a 52-week low of C$30.20 and a 52-week high of C$31.85.

About Addiko Bank

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.