ABN AMRO Bank (OTCMKTS:ABMRF) Short Interest Up 85.7% in March

ABN AMRO Bank (OTCMKTS:ABMRF) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 5,068,600 shares, an increase of 85.7% from the February 29th total of 2,729,700 shares. Based on an average daily volume of 1,600 shares, the days-to-cover ratio is presently 3,167.9 days.

ABN AMRO Bank Stock Performance

Shares of OTCMKTS:ABMRF opened at $16.75 on Thursday. ABN AMRO Bank has a 12-month low of $13.79 and a 12-month high of $16.79. The business’s fifty day simple moving average is $15.55 and its 200-day simple moving average is $14.76.

ABN AMRO Bank Company Profile

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.