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

Raiffeisen Bank International AG (OTCMKTS:RAIFY) was the recipient of a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 4,500 shares, a drop of 74.6% from the March 15th total of 17,700 shares. Based on an average daily volume of 122,200 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

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

Raiffeisen Bank International Stock Up 3.2 %

Shares of RAIFY stock opened at $6.03 on Tuesday. The business has a 50-day moving average price of $6.53 and a two-hundred day moving average price of $5.49. The firm has a market cap of $7.94 billion, a P/E ratio of 3.24 and a beta of 1.33. Raiffeisen Bank International has a 12-month low of $3.93 and a 12-month high of $7.25.

Raiffeisen Bank International Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 17th. Investors of record on Tuesday, April 1st will be issued a dividend of $0.2983 per share. The ex-dividend date is Tuesday, April 1st. This is a positive change from Raiffeisen Bank International’s previous dividend of $0.22. Raiffeisen Bank International’s dividend payout ratio (DPR) is currently 9.68%.

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.