Erste Group Bank AG (OTCMKTS:EBKDY) Short Interest Update

Erste Group Bank AG (OTCMKTS:EBKDY) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 15,800 shares, an increase of 73.6% from the October 31st total of 9,100 shares. Based on an average daily volume of 83,300 shares, the short-interest ratio is presently 0.2 days.

Erste Group Bank Trading Up 2.3 %

OTCMKTS EBKDY traded up $0.62 during trading hours on Friday, reaching $27.35. The company had a trading volume of 17,282 shares, compared to its average volume of 39,903. The stock has a market capitalization of $23.02 billion, a P/E ratio of 6.77, a price-to-earnings-growth ratio of 0.82 and a beta of 1.32. The stock has a 50-day moving average of $27.25 and a 200 day moving average of $26.01. Erste Group Bank has a 1-year low of $19.47 and a 1-year high of $29.34.

Erste Group Bank (OTCMKTS:EBKDY) last released its earnings results on Thursday, October 31st. The financial services provider reported $1.18 earnings per share for the quarter. Erste Group Bank had a return on equity of 11.11% and a net margin of 15.21%. The company had revenue of $3.02 billion during the quarter. As a group, sell-side analysts predict that Erste Group Bank will post 4.27 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods upgraded shares of Erste Group Bank from a “moderate sell” rating to a “hold” rating in a report on Friday, November 22nd.

About Erste Group Bank

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.