ABN AMRO Bank (OTCMKTS:AAVMY) Sees Significant Increase in Short Interest

ABN AMRO Bank (OTCMKTS:AAVMY) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 8,221 shares, a growth of 20.1% from the February 26th total of 6,846 shares. Based on an average trading volume of 71,790 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

A number of analysts have recently issued reports on AAVMY shares. Jefferies Financial Group began coverage on ABN AMRO Bank in a research note on Tuesday, January 27th. They issued a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ABN AMRO Bank in a report on Wednesday, February 18th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, ABN AMRO Bank presently has an average rating of “Moderate Buy”.

ABN AMRO Bank Stock Performance

Shares of ABN AMRO Bank stock opened at $32.53 on Thursday. The stock’s 50 day simple moving average is $33.73 and its 200-day simple moving average is $32.96. ABN AMRO Bank has a 1-year low of $18.12 and a 1-year high of $38.20.

About ABN AMRO Bank

ABN AMRO Bank N.V. is a leading Dutch banking institution headquartered in Amsterdam. The bank traces its origins to the 1991 merger of Algemene Bank Nederland and AMRO Bank, forming one of the Netherlands’ largest financial services providers. Over the decades, ABN AMRO has developed a comprehensive portfolio of banking and financial solutions, positioning itself as a key player in both domestic and international markets.

The bank operates across several core segments, including retail banking, private banking, commercial banking, and corporate & institutional banking.