ABN AMRO Bank (OTCMKTS:ABMRF) Sees Large Increase in Short Interest

ABN AMRO Bank (OTCMKTS:ABMRF) was the target of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 911,200 shares, an increase of 50.4% from the March 15th total of 606,000 shares. Based on an average daily volume of 1,700 shares, the short-interest ratio is presently 536.0 days.

ABN AMRO Bank Stock Performance

ABMRF stock opened at $20.57 on Friday. ABN AMRO Bank has a twelve month low of $14.72 and a twelve month high of $22.00. The business’s fifty day simple moving average is $19.68 and its two-hundred day simple moving average is $17.58.

About ABN AMRO Bank

ABN AMRO Bank N.V. provides various banking products and financial services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; investment and insurance products; and consumer, personal, car, and home improvement loan.