Could SBERBANK RUSSIA SPONSORED AMERICAN DEPOS (OTCMKTS:SBRCY) Go Down After Its Newest Short Interest Report?

April 17, 2018 - By Darrin Black

Sberbank of Russia (OTCMKTS:SBRCY) Logo

The stock of SBERBANK RUSSIA SPONSORED AMERICAN DEPOS (OTCMKTS:SBRCY) registered a decrease of 40.77% in short interest. SBRCY’s total short interest was 1.52M shares in April as published by FINRA. Its down 40.77% from 2.57M shares, reported previously. With 368,800 shares average volume, it will take short sellers 4 days to cover their SBRCY’s short positions. The short interest to SBERBANK RUSSIA SPONSORED AMERICAN DEPOS’s float is 0.06%.

The stock increased 4.47% or $0.61 during the last trading session, reaching $14.26. About 231,531 shares traded. Sberbank of Russia (OTCMKTS:SBRCY) has 0.00% since April 17, 2017 and is . It has underperformed by 11.55% the S&P500.

Sberbank of Russia provides corporate and retail banking solutions to corporate clients, small businesses, financial institutions, and individuals. The company has market cap of $80.59 billion. The firm offers various deposit products comprising fixed-term, settlement, and online deposits, as well as savings certificates, trace accounts, and certificates of deposit. It has a 3.19 P/E ratio. It provides consumer, education, mortgage, car, refinance, working capital, business startup, and contract loans; and overdraft, as well as loans for new projects, and buying equipment and real estate properties.

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