Erste Group Bank AG (OTCMKTS:EBKDY) Short Interest Up 73.6% in November

Posted by Thomas Dobrow on Nov 29th, 2024

Erste Group Bank AG (OTCMKTS:EBKDY – Get Free Report) was the recipient of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 15,800 shares, a growth of 73.6% from the October 31st total of 9,100 shares. Based on an average trading volume of 83,300 shares, the short-interest ratio is currently 0.2 days.

Erste Group Bank Stock Performance

Shares of OTCMKTS:EBKDY traded down $0.28 during trading on Thursday, reaching $26.73. The stock had a trading volume of 24,612 shares, compared to its average volume of 40,001. The business has a fifty day moving average price of $27.24 and a 200-day moving average price of $25.98. The stock has a market cap of $22.50 billion, a PE ratio of 6.62, a PEG ratio of 0.83 and a beta of 1.32. Erste Group Bank has a 1-year low of $19.47 and a 1-year high of $29.34.

Erste Group Bank (OTCMKTS:EBKDY – Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The financial services provider reported $1.18 earnings per share (EPS) for the quarter. The firm had revenue of $3.02 billion for the quarter. Erste Group Bank had a return on equity of 11.11% and a net margin of 15.21%. Sell-side analysts expect that Erste Group Bank will post 4.27 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods raised Erste Group Bank from a “moderate sell” rating to a “hold” rating in a research note on Friday, November 22nd.

Read Our Latest Stock Report on EBKDY

Erste Group Bank Company Profile

(Get Free Report)

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.