AIB Group plc (OTCMKTS:AIBRF – Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 844,200 shares, a growth of 71.6% from the March 15th total of 492,000 shares. Based on an average trading volume of 9,900 shares, the short-interest ratio is currently 85.3 days.
AIB Group Stock Down 1.5 %
AIB Group stock opened at $6.41 on Friday. AIB Group has a fifty-two week low of $5.00 and a fifty-two week high of $7.65. The firm’s fifty day moving average price is $6.73 and its 200-day moving average price is $5.97.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. Royal Bank of Canada reissued a “sector perform” rating on shares of AIB Group in a report on Tuesday, March 11th. Morgan Stanley reissued an “underweight” rating on shares of AIB Group in a report on Friday, March 7th.
About AIB Group
AIB Group plc provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland and the United Kingdom. It operates through Retail Banking, AIB Capital Markets, and AIB UK, and Group segments. The company offers current and savings accounts, demand deposits, notice deposits, fixed term deposits, junior/student saver deposits, and currency deposits.
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