AIB Group plc (OTCMKTS:AIBRF) Sees Significant Drop in Short Interest

AIB Group plc (OTCMKTS:AIBRF) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 258,300 shares, a decrease of 42.6% from the December 31st total of 450,000 shares. Based on an average daily volume of 49,000 shares, the short-interest ratio is currently 5.3 days.

AIB Group Price Performance

AIBRF opened at $5.83 on Friday. AIB Group has a fifty-two week low of $4.16 and a fifty-two week high of $6.20. The company’s 50-day moving average is $5.60 and its 200 day moving average is $5.62.

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.