Short Interest in ABN AMRO Bank (OTCMKTS:ABMRF) Drops By 47.1%

ABN AMRO Bank (OTCMKTS:ABMRF) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 2,072,300 shares, a drop of 47.1% from the December 31st total of 3,920,500 shares. Based on an average daily volume of 20,200 shares, the short-interest ratio is presently 102.6 days.

ABN AMRO Bank Price Performance

Shares of ABMRF stock opened at $16.91 on Friday. The firm’s 50-day moving average is $16.02 and its two-hundred day moving average is $16.69. ABN AMRO Bank has a 12 month low of $14.15 and a 12 month high of $18.26.

About ABN AMRO Bank

ABN AMRO Bank N.V. provides various banking products and financial services to retail, private, and business clients in the Netherlands and internationally. It operates through three segments: Personal & Business Banking, Wealth Management, and Corporate Banking. The company provides savings and deposits products; investment and insurance products; and consumer, personal, car, and home improvement loan.