ABN AMRO Bank (OTCMKTS:ABMRF) Short Interest Update

ABN AMRO Bank (OTCMKTS:ABMRF) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 868,149 shares, a drop of 44.8% from the August 15th total of 1,571,737 shares. Based on an average trading volume of 37 shares, the short-interest ratio is currently 23,463.5 days.

ABN AMRO Bank Stock Performance

ABN AMRO Bank stock opened at $49.00 on Wednesday. ABN AMRO Bank has a fifty-two week low of $27.90 and a fifty-two week high of $49.00. The firm’s 50-day simple moving average is $45.57 and its 200 day simple moving average is $39.12.

About ABN AMRO Bank

ABN AMRO Bank is a leading full-service bank headquartered in Amsterdam, Netherlands, with roots tracing back to the 19th century. Formed in 1991 through the merger of Algemene Bank Nederland and Amsterdam-Rotterdam Bank, ABN AMRO went through a period of nationalization in 2008 before returning to the private market via an initial public offering in 2015. The bank operates under the supervision of De Nederlandsche Bank and the European Central Bank, reflecting its role in both domestic and cross-border financial services regulation.

The bank’s core activities span retail banking, private banking, corporate and institutional banking, and wealth management.