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

Erste Group Bank AG (OTCMKTS:EBKDY) saw 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 daily trading volume, of 83,300 shares, the short-interest ratio is presently 0.2 days.

Erste Group Bank Stock Performance

Shares of Erste Group Bank stock traded down $0.28 during trading hours on Thursday, hitting $26.73. The company’s stock had a trading volume of 24,612 shares, compared to its average volume of 40,001. Erste Group Bank has a twelve month low of $19.47 and a twelve month high of $29.34. The firm has a fifty day moving average of $27.24 and a 200-day moving average of $25.98. The stock has a market cap of $22.50 billion, a price-to-earnings ratio of 6.62, a P/E/G ratio of 0.83 and a beta of 1.32.

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

Analyst Ratings Changes

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.

About Erste Group Bank

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.