Erste Group Bank AG (OTCMKTS:EBKDY) Short Interest Update

Erste Group Bank AG (OTCMKTS:EBKDY) was the target of a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 16,300 shares, a drop of 9.4% from the July 15th total of 18,000 shares. Based on an average daily trading volume, of 47,000 shares, the days-to-cover ratio is currently 0.3 days.

Erste Group Bank Stock Up 1.6 %

OTCMKTS EBKDY opened at $26.63 on Tuesday. The firm has a market cap of $22.42 billion, a P/E ratio of 6.72, a price-to-earnings-growth ratio of 0.81 and a beta of 1.34. The company’s 50 day moving average is $24.87 and its 200-day moving average is $23.47. Erste Group Bank has a 12-month low of $16.58 and a 12-month high of $26.67.

Erste Group Bank (OTCMKTS:EBKDY) last released its quarterly earnings data on Friday, August 2nd. The financial services provider reported $1.01 earnings per share for the quarter. The business had revenue of $2.86 billion during the quarter. Erste Group Bank had a net margin of 14.34% and a return on equity of 11.67%. Equities analysts expect that Erste Group Bank will post 3.88 EPS for the current year.

Wall Street Analyst Weigh In

Separately, BNP Paribas upgraded Erste Group Bank to a “hold” rating in a research note on Thursday, June 13th.

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.