Raiffeisen Bank International AG (OTCMKTS:RAIFY) Short Interest Up 1,509.1% in March

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the target of a significant increase in short interest in 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. Based on an average daily volume of 15,600 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

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

Raiffeisen Bank International Price Performance

OTCMKTS RAIFY opened at $6.94 on Friday. Raiffeisen Bank International has a 12 month low of $3.93 and a 12 month high of $7.25. The firm has a market capitalization of $9.13 billion, a PE ratio of 3.73 and a beta of 1.49. The company’s 50 day simple moving average is $6.35 and its 200 day simple moving average is $5.37.

Raiffeisen Bank International Increases Dividend

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

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.