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

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 17,700 shares, an increase of 1,509.1% from the February 28th total of 1,100 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 15,600 shares, the short-interest ratio is currently 1.1 days.

Raiffeisen Bank International Price Performance

Shares of RAIFY opened at $6.94 on Friday. The company has a 50-day moving average of $6.35 and a two-hundred day moving average of $5.37. The stock has a market cap of $9.13 billion, a price-to-earnings ratio of 3.73 and a beta of 1.49. Raiffeisen Bank International has a one year low of $3.93 and a one year high of $7.25.

Raiffeisen Bank International Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Tuesday, April 1st will be paid a dividend of $0.2983 per share. This is an increase from Raiffeisen Bank International’s previous dividend of $0.22. The ex-dividend date is Tuesday, April 1st. Raiffeisen Bank International’s payout ratio is 9.14%.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded Raiffeisen Bank International to a “strong-buy” rating in a research report on Monday, February 10th.

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.