Erste Group Bank AG (OTCMKTS:EBKDY) Short Interest Down 53.6% in March

Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) was the recipient of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 1,300 shares, a decrease of 53.6% from the March 15th total of 2,800 shares. Based on an average daily trading volume, of 108,600 shares, the days-to-cover ratio is presently 0.0 days.

Erste Group Bank Stock Down 2.0 %

Shares of OTCMKTS:EBKDY traded down $0.46 during midday trading on Thursday, reaching $22.84. The company's stock had a trading volume of 16,698 shares, compared to its average volume of 51,096. The firm has a 50 day moving average of $21.46 and a 200-day moving average of $20.03. The firm has a market capitalization of $19.23 billion, a P/E ratio of 6.19, a PEG ratio of 1.03 and a beta of 1.36. Erste Group Bank has a 12-month low of $16.01 and a 12-month high of $23.34.

Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) last released its earnings results on Thursday, February 29th. The financial services provider reported $0.83 earnings per share for the quarter. The firm had revenue of $2.75 billion for the quarter. Erste Group Bank had a net margin of 14.03% and a return on equity of 11.10%. On average, research analysts predict that Erste Group Bank will post 3.77 EPS for the current year.

Erste Group Bank Company Profile

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.