Commerzbank AG (OTCMKTS:CRZBY) Sees Large Drop in Short Interest

Commerzbank AG (OTCMKTS:CRZBY) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 2,000 shares, a decrease of 89.4% from the January 31st total of 18,800 shares. Based on an average daily trading volume, of 28,700 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Commerzbank

An institutional investor recently raised its position in Commerzbank stock. GAMMA Investing LLC lifted its holdings in shares of Commerzbank AG (OTCMKTS:CRZBY) by 5,506.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,850 shares of the financial services provider’s stock after buying an additional 1,817 shares during the period. GAMMA Investing LLC’s holdings in Commerzbank were worth $30,000 at the end of the most recent reporting period.

Commerzbank Price Performance

Shares of CRZBY stock traded down $0.14 during trading hours on Friday, reaching $21.22. 14,397 shares of the company’s stock were exchanged, compared to its average volume of 19,415. The company has a market cap of $25.14 billion, a P/E ratio of 11.11 and a beta of 0.95. The company’s 50 day moving average is $18.53 and its two-hundred day moving average is $17.12. Commerzbank has a 1 year low of $11.55 and a 1 year high of $21.71.

Commerzbank Company Profile

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients.