Raiffeisen Bank International AG (OTCMKTS:RAIFF) Sees Large Growth in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFF) was the target of a significant growth in short interest in March. As of March 15th, there was short interest totalling 127,300 shares, a growth of 105.7% from the February 28th total of 61,900 shares. Based on an average trading volume of 100 shares, the days-to-cover ratio is currently 1,273.0 days.

Raiffeisen Bank International Price Performance

Shares of RAIFF remained flat at $25.00 during mid-day trading on Friday. Raiffeisen Bank International has a 52 week low of $17.27 and a 52 week high of $26.73. The business has a 50 day simple moving average of $22.65 and a 200 day simple moving average of $20.34.

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.