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

ABN AMRO Bank (OTCMKTS:ABMRF) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 2,091,100 shares, a decline of 20.7% from the January 31st total of 2,637,600 shares. Based on an average daily volume of 400 shares, the days-to-cover ratio is currently 5,227.8 days.

ABN AMRO Bank Price Performance

ABMRF stock opened at $20.09 on Thursday. ABN AMRO Bank has a 12 month low of $14.72 and a 12 month high of $20.70. The firm has a 50 day simple moving average of $16.80 and a 200 day simple moving average of $16.80.

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.