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

Erste Group Bank AG (OTCMKTS:EBKDY) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 15,800 shares, an increase of 73.6% from the October 31st total of 9,100 shares. Based on an average daily volume of 83,300 shares, the short-interest ratio is presently 0.2 days.

Erste Group Bank Trading Up 2.3 %

Shares of EBKDY stock traded up $0.62 on Friday, reaching $27.35. 17,282 shares of the stock were exchanged, compared to its average volume of 39,903. The business’s 50 day moving average price is $27.25 and its 200 day moving average price is $26.00. The company has a market capitalization of $23.02 billion, a price-to-earnings ratio of 6.77, a PEG ratio of 0.82 and a beta of 1.32. Erste Group Bank has a twelve month low of $19.47 and a twelve month high of $29.34.

Erste Group Bank (OTCMKTS:EBKDY) last released its quarterly earnings data on Thursday, October 31st. The financial services provider reported $1.18 earnings per share (EPS) for the quarter. Erste Group Bank had a net margin of 15.21% and a return on equity of 11.11%. The company had revenue of $3.02 billion during the quarter. Equities research analysts forecast that Erste Group Bank will post 4.27 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods upgraded shares of Erste Group Bank from a “moderate sell” rating to a “hold” rating in a research note on Friday, November 22nd.

About Erste Group Bank

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.