Short Interest in Erste Group Bank AG (OTCMKTS:EBKDY) Declines By 11.9%

Erste Group Bank AG (OTCMKTS:EBKDY - Get Free Report) was the target of a large decline in short interest in October. As of October 15th, there was short interest totalling 17,000 shares, a decline of 11.9% from the September 30th total of 19,300 shares. Based on an average daily trading volume, of 48,200 shares, the days-to-cover ratio is currently 0.4 days.

Erste Group Bank Stock Up 0.5 %

OTCMKTS:EBKDY traded up $0.14 during trading hours on Tuesday, reaching $26.83. The company had a trading volume of 22,706 shares, compared to its average volume of 39,977. The stock has a 50-day moving average of $26.80 and a two-hundred day moving average of $25.34. Erste Group Bank has a one year low of $17.56 and a one year high of $27.68. The firm has a market capitalization of $22.59 billion, a PE ratio of 6.86, a PEG ratio of 1.02 and a beta of 1.32.

Erste Group Bank (OTCMKTS:EBKDY - Get Free Report) last released its quarterly earnings results on Friday, August 2nd. The financial services provider reported $1.01 earnings per share for the quarter. The firm had revenue of $2.86 billion during the quarter. Erste Group Bank had a return on equity of 10.95% and a net margin of 14.79%. As a group, sell-side analysts expect that Erste Group Bank will post 4.17 earnings per share for the current year.

Erste Group Bank Company Profile

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.

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