ABN AMRO Bank (OTCMKTS:AAVMY) Stock Short Interest Report for September

ABN AMRO Bank (OTCMKTS:AAVMY) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 14,904 shares, a decline of 48.2% from the September 15th total of 28,776 shares. Based on an average daily volume of 44,535 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

ABN AMRO Bank Stock Performance

AAVMY stock opened at $45.23 on Friday. ABN AMRO Bank has a 1-year low of $28.46 and a 1-year high of $50.63. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 2.97. The firm has a market cap of $37.10 billion and a PE ratio of 13.96. The business’s 50-day moving average price is $48.17 and its two-hundred day moving average price is $42.37.

ABN AMRO Bank (OTCMKTS:AAVMY) last announced its earnings results on Wednesday, August 12th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.92 by $0.13. The firm had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.67 billion. ABN AMRO Bank had a net margin of 14.22% and a return on equity of 9.12%. As a group, research analysts forecast that ABN AMRO Bank will post 3.63 earnings per share for the current year.

Analyst Ratings Changes

AAVMY has been the topic of several recent research reports. Royal Bank Of Canada restated an “outperform” rating on shares of ABN AMRO Bank in a research report on Thursday, August 13th. Zacks Research raised ABN AMRO Bank from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Citigroup reiterated a “buy” rating on shares of ABN AMRO Bank in a report on Friday, September 18th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ABN AMRO Bank in a report on Thursday, August 13th. Finally, Morgan Stanley reissued an “overweight” rating on shares of ABN AMRO Bank in a research note on Wednesday, September 2nd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy”.

ABN AMRO Bank Company Profile

ABN AMRO Bank N.V. is a Dutch financial services company headquartered in Amsterdam. The bank provides retail, private and corporate banking services, with the Netherlands as its principal market. Its offerings include current and savings accounts, mortgages, consumer lending, payment services, business financing, cash management and other financial solutions.

Through its Wealth Management business, ABN AMRO serves affluent individuals, families and institutions with investment management, financial planning and private banking services.