Short Interest in Citizens Bancshares Co. (OTCMKTS:CZBS) Expands By 300.0%

Citizens Bancshares Co. (OTCMKTS:CZBS) was the recipient of a large increase in short interest in the month of September. As of September 15th, there was short interest totalling 400 shares, an increase of 300.0% from the August 31st total of 100 shares. Based on an average daily volume of 3,300 shares, the days-to-cover ratio is presently 0.1 days.

Citizens Bancshares Stock Performance

Shares of Citizens Bancshares stock opened at $50.24 on Friday. Citizens Bancshares has a 1 year low of $33.35 and a 1 year high of $51.20. The company’s fifty day simple moving average is $48.23 and its 200-day simple moving average is $47.95.

About Citizens Bancshares

Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers. The company offers checking and savings accounts; and demand and money market deposits. Its loan products include commercial, financial, and agricultural loans; loans secured by personal property, such as automobiles, marketable securities, and other titled recreational vehicles and motorcycles, as well as unsecured consumer debt; commercial real estate loans; single-family residential loans; and construction and development loans.