ABN AMRO Bank (OTCMKTS:ABMRF) Sees Large Growth in Short Interest

ABN AMRO Bank (OTCMKTS:ABMRF) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 2,637,600 shares, an increase of 10.6% from the January 15th total of 2,383,800 shares. Based on an average trading volume of 500 shares, the days-to-cover ratio is presently 5,275.2 days.

ABN AMRO Bank Trading Up 3.4 %

Shares of OTCMKTS:ABMRF opened at $17.15 on Friday. ABN AMRO Bank has a twelve month low of $14.72 and a twelve month high of $18.26. The company’s 50 day moving average is $16.08 and its 200 day moving average is $16.68.

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.