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

Raiffeisen Bank International AG (OTCMKTS:RAIFF) was the target of a large decline in short interest in March. As of March 31st, there was short interest totalling 87,200 shares, a decline of 31.5% from the March 15th total of 127,300 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is presently 872.0 days.

Raiffeisen Bank International Price Performance

OTCMKTS RAIFF remained flat at $25.00 during trading hours on Friday. The stock has a 50 day simple moving average of $24.90 and a two-hundred day simple moving average of $21.01. Raiffeisen Bank International has a 12-month low of $17.27 and a 12-month high of $26.73.

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.