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

Erste Group Bank AG (OTCMKTS:EBKOF) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 556,367 shares, a growth of 105.8% from the June 30th total of 270,301 shares. Based on an average trading volume of 1,223 shares, the days-to-cover ratio is presently 454.9 days.

Erste Group Bank Stock Up 0.6%

Shares of OTCMKTS:EBKOF opened at $131.56 on Thursday. The business’s 50 day moving average price is $127.71 and its 200-day moving average price is $122.27. Erste Group Bank has a 1 year low of $89.76 and a 1 year high of $136.56.

About Erste Group Bank

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.