Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Down 87.5% in June

Posted by Oscar Bower on Jun 29th, 2024

Raiffeisen Bank International AG (OTCMKTS:RAIFY – Get Free Report) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totalling 100 shares, a decline of 87.5% from the May 31st total of 800 shares. Based on an average daily trading volume, of 1,200 shares, the short-interest ratio is presently 0.1 days.

Raiffeisen Bank International Price Performance

Shares of RAIFY remained flat at $4.49 during trading hours on Friday. 37 shares of the stock were exchanged, compared to its average volume of 795. The stock has a 50-day simple moving average of $4.48 and a two-hundred day simple moving average of $4.87. Raiffeisen Bank International has a 12-month low of $3.29 and a 12-month high of $5.55.

Raiffeisen Bank International (OTCMKTS:RAIFY – Get Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The financial services provider reported $0.53 earnings per share for the quarter. Raiffeisen Bank International had a return on equity of 11.90% and a net margin of 16.66%. The business had revenue of $2.39 billion for the quarter.

Raiffeisen Bank International Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 26th. Shareholders of record on Wednesday, April 10th were given a dividend of $0.2151 per share. The ex-dividend date of this dividend was Tuesday, April 9th. This is a positive change from Raiffeisen Bank International’s previous dividend of $0.14. This represents a yield of 4.39%. Raiffeisen Bank International’s dividend payout ratio (DPR) is currently 11.11%.

Raiffeisen Bank International Company Profile

(Get Free Report)

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.