ABN AMRO Bank (OTCMKTS:AAVMY – Get Free Report) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 12,691 shares, a drop of 52.5% from the April 15th total of 26,693 shares. Based on an average daily volume of 30,281 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are short sold.
Wall Street Analysts Forecast Growth
AAVMY has been the subject of a number of recent analyst reports. Jefferies Financial Group initiated coverage on ABN AMRO Bank in a report on Tuesday, January 27th. They issued a “buy” rating for the company. Royal Bank Of Canada reissued an “outperform” rating on shares of ABN AMRO Bank in a report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ABN AMRO Bank in a report on Wednesday, February 18th. Morgan Stanley reissued an “overweight” rating on shares of ABN AMRO Bank in a report on Thursday. Finally, Zacks Research raised ABN AMRO Bank to a “hold” rating in a report on Friday, April 24th. Five analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on AAVMY
ABN AMRO Bank Stock Performance
About ABN AMRO Bank
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.
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