Raiffeisen Bank International AG (OTCMKTS:RAIFY) Sees Large Decrease in Short Interest

Key Points

• Raiffeisen Bank International AG saw a significant decrease in short interest, dropping 82.3% from 19,800 shares to 3,500 shares as of July 31st.
• The bank reported a loss of ($0.50) earnings per share for the last quarter, alongside a revenue of $2.63 billion.
• As of the latest reporting, Raiffeisen Bank's stock is priced at $8.68, with a market cap of $11.42 billion and a PE ratio of 4.67.

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 3,500 shares, adeclineof82.3% from the July 15th total of 19,800 shares. Currently,0.0% of the company's stock are short sold. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 10,600 shares, the days-to-cover ratio is presently 0.3 days. Currently,0.0% of the company's stock are short sold.

Raiffeisen Bank International Stock Performance

Shares of OTCMKTS:RAIFY traded down $0.07 during trading on Tuesday, reaching $9.05. 7,562 shares of the stock traded hands, compared to its average volume of 15,232. The stock has a market cap of $11.91 billion, a P/E ratio of 4.87 and a beta of 1.37. The stock has a 50-day moving average of $7.59 and a two-hundred day moving average of $7.02. Raiffeisen Bank International has a 52-week low of $4.33 and a 52-week high of $9.30.

Raiffeisen Bank International (OTCMKTS:RAIFY - Get Free Report) last issued its earnings results on Wednesday, July 30th. The financial services provider reported ($0.50) earnings per share (EPS) for the quarter. The company had revenue of $2.63 billion during the quarter. Raiffeisen Bank International had a positive return on equity of 2.89% and a negative net margin of 0.56%.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.