ABN AMRO Bank (OTCMKTS:AAVMY) Sees Large Decrease in Short Interest

ABN AMRO Bank (OTCMKTS:AAVMY) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 500 shares, a decrease of 96.4% from the August 15th total of 13,900 shares. Based on an average daily trading volume, of 34,800 shares, the days-to-cover ratio is currently 0.0 days.

ABN AMRO Bank Price Performance

Shares of AAVMY traded up $0.43 during midday trading on Thursday, reaching $16.87. 28,701 shares of the stock were exchanged, compared to its average volume of 18,958. The company’s 50 day moving average is $17.09 and its two-hundred day moving average is $16.88. ABN AMRO Bank has a 52 week low of $12.71 and a 52 week high of $18.08.

ABN AMRO Bank Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, September 25th. Investors of record on Monday, August 19th will be issued a dividend of $0.5058 per share. The ex-dividend date is Monday, August 19th.

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.