ABN AMRO Bank (OTCMKTS:AAVMY) Short Interest Up 78.3% in March

ABN AMRO Bank (OTCMKTS:AAVMY) saw a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 10,700 shares, an increase of 78.3% from the February 28th total of 6,000 shares. Based on an average daily trading volume, of 32,400 shares, the short-interest ratio is presently 0.3 days.

Analyst Ratings Changes

Separately, Morgan Stanley reiterated an “underweight” rating on shares of ABN AMRO Bank in a report on Friday, March 7th.

ABN AMRO Bank Price Performance

Shares of OTCMKTS:AAVMY opened at $21.24 on Monday. The company’s fifty day moving average is $18.88 and its two-hundred day moving average is $17.19. ABN AMRO Bank has a 1-year low of $14.77 and a 1-year high of $22.09.

ABN AMRO Bank Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 9th. Investors of record on Monday, April 28th will be paid a dividend of $0.7797 per share. This is a positive change from ABN AMRO Bank’s previous dividend of $0.51. The ex-dividend date of this dividend is Monday, April 28th.

ABN AMRO Bank Company Profile

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.