Short Interest in Erste Group Bank AG (OTCMKTS:EBKOF) Drops By 68.4%

Erste Group Bank AG (OTCMKTS:EBKOF) was the target of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 94,099 shares, a drop of 68.4% from the July 30th total of 297,839 shares. Based on an average trading volume of 1,052 shares, the days-to-cover ratio is presently 89.4 days.

Erste Group Bank Stock Up 2.8%

Shares of Erste Group Bank stock opened at $147.53 on Thursday. Erste Group Bank has a 52-week low of $93.73 and a 52-week high of $147.56. The firm’s 50 day moving average price is $135.34 and its 200-day moving average price is $124.02.

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.