Short Interest in Raiffeisen Bank International AG (OTCMKTS:RAIFY) Rises By 1,509.1%

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 17,700 shares, a growth of 1,509.1% from the February 28th total of 1,100 shares. Based on an average daily trading volume, of 15,600 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the company’s shares are short sold.

Raiffeisen Bank International Price Performance

Shares of OTCMKTS:RAIFY traded up $0.11 during midday trading on Wednesday, reaching $7.05. 169 shares of the company’s stock were exchanged, compared to its average volume of 22,306. The stock has a market cap of $9.28 billion, a price-to-earnings ratio of 3.79 and a beta of 1.49. Raiffeisen Bank International has a fifty-two week low of $3.93 and a fifty-two week high of $7.25. The firm’s 50 day simple moving average is $6.28 and its two-hundred day simple moving average is $5.34.

Raiffeisen Bank International Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Tuesday, April 1st will be given a dividend of $0.2983 per share. The ex-dividend date is Tuesday, April 1st. This is a boost from Raiffeisen Bank International’s previous dividend of $0.22. Raiffeisen Bank International’s dividend payout ratio (DPR) is currently 9.14%.

Wall Street Analyst Weigh In

Separately, Barclays upgraded Raiffeisen Bank International to a “strong-buy” rating in a report on Monday, February 10th.

About Raiffeisen Bank International

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.