AIB Group plc (OTCMKTS:AIBRF) Sees Significant Growth in Short Interest

AIB Group plc (OTCMKTS:AIBRF) saw a significant increase in short interest in July. As of July 15th, there was short interest totalling 54,600 shares, an increase of 23.8% from the June 30th total of 44,100 shares. Based on an average trading volume of 6,500 shares, the short-interest ratio is currently 8.4 days.

AIB Group Price Performance

AIB Group stock remained flat at $5.56 during mid-day trading on Tuesday. 487 shares of the company’s stock traded hands, compared to its average volume of 2,490. AIB Group has a twelve month low of $3.83 and a twelve month high of $5.99. The business’s 50 day moving average price is $5.47 and its two-hundred day moving average price is $5.02.

About AIB Group

AIB Group plc provides banking and financial products and services to retail, business, and corporate customers in the Republic of Ireland and the United Kingdom. It operates through Retail Banking, AIB Capital Markets, and AIB UK, and Group segments. The company offers current and savings accounts, demand deposits, notice deposits, fixed term deposits, junior/student saver deposits, and currency deposits.