Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Update

Raiffeisen Bank International AG (OTCMKTS:RAIFY) saw a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 17,700 shares, an increase of 1,509.1% from the February 28th total of 1,100 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 15,600 shares, the days-to-cover ratio is currently 1.1 days.

Wall Street Analyst Weigh In

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

Raiffeisen Bank International Stock Performance

Shares of OTCMKTS:RAIFY traded up $0.11 during midday trading on Wednesday, reaching $7.05. 169 shares of the company’s stock traded hands, compared to its average volume of 22,306. The company has a market cap of $9.28 billion, a P/E ratio of 3.79 and a beta of 1.49. The company has a fifty day simple moving average of $6.28 and a two-hundred day simple moving average of $5.34. Raiffeisen Bank International has a 1 year low of $3.93 and a 1 year high of $7.25.

Raiffeisen Bank International Increases Dividend

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

Raiffeisen Bank International Company Profile

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.