Raiffeisen Bank International AG (OTCMKTS:RAIFF) Sees Significant Growth in Short Interest

Raiffeisen Bank International AG (OTCMKTS:RAIFF) was the target of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 61,900 shares, an increase of 275.2% from the February 13th total of 16,500 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is presently 32.6 days.

Raiffeisen Bank International Price Performance

Shares of OTCMKTS:RAIFF remained flat at $25.00 on Friday. Raiffeisen Bank International has a twelve month low of $17.27 and a twelve month high of $26.73. The firm’s 50-day moving average is $21.39 and its two-hundred day moving average is $19.95.

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.