Raiffeisen Bank International AG (OTCMKTS:RAIFF) Short Interest Up 92.7% in December

Raiffeisen Bank International AG (OTCMKTS:RAIFF) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 59,820 shares, an increase of 92.7% from the November 30th total of 31,051 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Raiffeisen Bank International Price Performance

Raiffeisen Bank International stock remained flat at $42.94 during trading hours on Friday. The company’s fifty day simple moving average is $36.90 and its two-hundred day simple moving average is $32.71. Raiffeisen Bank International has a 12-month low of $27.79 and a 12-month high of $42.94.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered shares of Raiffeisen Bank International to a “neutral” rating in a report on Monday, December 8th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Raiffeisen Bank International presently has a consensus rating of “Moderate Buy”.

About Raiffeisen Bank International

Raiffeisen Bank International (OTCMKTS:RAIFF) is an Austrian banking group headquartered in Vienna, serving as the central and eastern European platform of the Raiffeisen Banking Group. The bank offers a comprehensive suite of financial services to retail, corporate and institutional clients, leveraging its strong regional presence to facilitate trade, investment and day-to-day banking needs.

In its corporate and investment banking division, Raiffeisen Bank International provides lending, trade finance, project financing, cash management and capital markets services.