Short Interest in Erste Group Bank AG (OTCMKTS:EBKDY) Rises By 2,233.3%

Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) was the target of a large growth in short interest in January. As of January 31st, there was short interest totalling 7,000 shares, a growth of 2,233.3% from the January 15th total of 300 shares. Based on an average trading volume of 326,000 shares, the days-to-cover ratio is presently 0.0 days.

Analyst Ratings Changes

A number of research firms recently commented on EBKDY. Keefe, Bruyette & Woods upgraded Erste Group Bank from a "moderate sell" rating to a "hold" rating in a report on Friday, November 22nd. The Goldman Sachs Group raised Erste Group Bank from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, December 11th.

Erste Group Bank Stock Up 1.2 %

Shares of EBKDY traded up $0.40 during midday trading on Friday, hitting $35.04. The company's stock had a trading volume of 20,886 shares, compared to its average volume of 128,485. Erste Group Bank has a one year low of $19.89 and a one year high of $35.20. The company's fifty day simple moving average is $31.17 and its two-hundred day simple moving average is $28.39. The stock has a market capitalization of $28.77 billion, a price-to-earnings ratio of 8.67, a price-to-earnings-growth ratio of 1.03 and a beta of 1.25.

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.