Erste Group Bank AG (OTCMKTS:EBKOF) Sees Significant Decline in Short Interest

Erste Group Bank AG (OTCMKTS:EBKOF) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 270,301 shares, a decline of 40.2% from the June 15th total of 452,357 shares. Based on an average trading volume of 1,672 shares, the days-to-cover ratio is currently 161.7 days.

Erste Group Bank Price Performance

Shares of OTCMKTS:EBKOF traded down $2.21 during trading on Friday, hitting $129.38. The company had a trading volume of 1,641 shares, compared to its average volume of 3,644. Erste Group Bank has a one year low of $88.79 and a one year high of $136.56. The company has a fifty day simple moving average of $125.03 and a two-hundred day simple moving average of $121.71.

Erste Group Bank Company Profile

Erste Group Bank AG provides a range of banking and other financial services to retail, corporate, and public sector customers. The company operates through Retail, Corporates, Group Markets, Asset/Liability Management & Local Corporate Center, Savings Banks, and Group Corporate Center segments. It provides mortgage and consumer loans, investment products, current accounts, savings products, and credit cards, as well as cross selling products, such as leasing, insurance, and building society products.