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

Commerzbank AG (OTCMKTS:CRZBY) was the target of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 15,700 shares, a decrease of 74.4% from the October 15th total of 61,300 shares. Based on an average trading volume of 26,500 shares, the days-to-cover ratio is presently 0.6 days.

Commerzbank Stock Performance

Shares of CRZBY stock traded down $0.32 during mid-day trading on Tuesday, hitting $16.75. The stock had a trading volume of 37,467 shares, compared to its average volume of 23,166. The company’s 50-day simple moving average is $17.22 and its 200-day simple moving average is $16.14. The company has a debt-to-equity ratio of 14.98, a current ratio of 31.49 and a quick ratio of 32.55. The firm has a market cap of $19.84 billion, a PE ratio of 8.94 and a beta of 1.00. Commerzbank has a fifty-two week low of $10.98 and a fifty-two week high of $18.59.

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.