Erste Group Bank AG (OTCMKTS:EBKDY) Short Interest Down 11.9% in October

Erste Group Bank AG (OTCMKTS:EBKDY) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 17,000 shares, a decrease of 11.9% from the September 30th total of 19,300 shares. Based on an average trading volume of 48,200 shares, the short-interest ratio is presently 0.4 days.

Erste Group Bank Stock Performance

Shares of EBKDY traded down $0.48 during trading hours on Thursday, reaching $26.35. The stock had a trading volume of 49,925 shares, compared to its average volume of 40,024. Erste Group Bank has a 12 month low of $17.56 and a 12 month high of $27.68. The stock has a market capitalization of $22.18 billion, a PE ratio of 6.77, a PEG ratio of 1.02 and a beta of 1.32. The company’s 50-day moving average is $26.80 and its two-hundred day moving average is $25.38.

Erste Group Bank (OTCMKTS:EBKDY) last released its quarterly earnings results on Friday, August 2nd. The financial services provider reported $1.01 earnings per share (EPS) for the quarter. The business 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%. Equities analysts anticipate that Erste Group Bank will post 4.17 earnings per share for the current fiscal 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.