Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFY) Decreases By 84.7%

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,329 shares, a decline of 84.7% from the April 30th total of 8,671 shares. Based on an average trading volume of 7,956 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, UBS Group upgraded Raiffeisen Bank International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Raiffeisen Bank International Trading Up 0.4%

Shares of OTCMKTS:RAIFY traded up $0.05 during midday trading on Thursday, reaching $13.79. The company had a trading volume of 662 shares, compared to its average volume of 8,849. The company’s 50 day moving average price is $12.61 and its 200 day moving average price is $11.71. The stock has a market cap of $18.11 billion, a P/E ratio of 14.83 and a beta of 1.25. Raiffeisen Bank International has a 52-week low of $6.65 and a 52-week high of $14.90.

Raiffeisen Bank International (OTCMKTS:RAIFY) last posted its quarterly earnings data on Tuesday, May 5th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter. The business had revenue of $2.59 billion during the quarter. Raiffeisen Bank International had a net margin of 9.35% and a return on equity of 5.23%.

About Raiffeisen Bank International

Raiffeisen Bank International AG (RBI) is an Austrian banking group headquartered in Vienna, offering a diverse range of financial services. As a universal bank, RBI serves retail customers, small and medium-sized enterprises, and large corporates, with a particular focus on Central and Eastern Europe. The bank’s service portfolio encompasses everyday banking products, payment solutions, and digital services for individual clients, as well as cash management, trade finance, and structured lending for corporate and institutional customers.

In addition to traditional banking, RBI provides investment banking and capital markets services, including underwriting, debt and equity issuance, and advisory services.