ABN AMRO Bank (OTCMKTS:AAVMY) Sees Significant Decline in Short Interest

ABN AMRO Bank (OTCMKTS:AAVMY) saw a significant decline in short interest in July. As of July 15th, there was short interest totaling 12,922 shares, a decline of 68.5% from the June 30th total of 41,087 shares. Based on an average daily trading volume, of 39,524 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

ABN AMRO Bank Stock Performance

Shares of ABN AMRO Bank stock opened at $42.84 on Monday. The business’s 50 day moving average price is $41.35 and its 200 day moving average price is $36.79. The company has a market cap of $35.26 billion and a price-to-earnings ratio of 14.52. ABN AMRO Bank has a one year low of $27.16 and a one year high of $44.33.

Wall Street Analyst Weigh In

AAVMY has been the topic of a number of analyst reports. ABN Amro upgraded ABN AMRO Bank from a “neutral” rating to a “buy” rating in a research report on Tuesday, June 2nd. Zacks Research raised ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Royal Bank Of Canada reiterated an “outperform” rating on shares of ABN AMRO Bank in a research report on Friday, July 3rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a report on Friday, July 17th. Finally, Citigroup restated a “buy” rating on shares of ABN AMRO Bank in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, ABN AMRO Bank currently has an average rating of “Buy”.

ABN AMRO Bank Company Profile

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.