Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFY) Declines By 98.3%

Key Points

• Short interest in Raiffeisen Bank International AG decreased significantly by 98.3% in August, dropping from 11,500 shares to only 200 shares.
• The bank's stock price fell 1.3% during recent trading, currently sitting at $8.51 per share.
• Despite a reported loss of $0.50 earnings per share for the last quarter, Raiffeisen generated revenue of $2.63 billion.

Raiffeisen Bank International AG (OTCMKTS:RAIFY - Get Free Report) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 200 shares, a decline of 98.3% from the August 15th total of 11,500 shares. Approximately 0.0% of the company's shares are sold short. Based on an average daily trading volume, of 195,300 shares, the days-to-cover ratio is presently 0.0 days. Based on an average daily trading volume, of 195,300 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company's shares are sold short.

Raiffeisen Bank International Stock Down 1.3%

OTCMKTS RAIFY traded down $0.12 during trading on Thursday, hitting $8.51. The stock had a trading volume of 338 shares, compared to its average volume of 18,253. The company has a market capitalization of $11.19 billion, a PE ratio of 4.57 and a beta of 1.41. Raiffeisen Bank International has a twelve month low of $4.33 and a twelve month high of $9.30. The firm has a 50 day moving average price of $8.01 and a 200 day moving average price of $7.31.

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

About Raiffeisen Bank International

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.

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