Short Interest in Commerzbank AG (OTCMKTS:CRZBY) Decreases By 61.3%

Commerzbank AG (OTCMKTS:CRZBY) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totalling 11,700 shares, a decline of 61.3% from the June 30th total of 30,200 shares. Based on an average trading volume of 21,500 shares, the short-interest ratio is currently 0.5 days.

Analyst Ratings Changes

Separately, Citigroup downgraded shares of Commerzbank from a “buy” rating to a “neutral” rating in a report on Monday, June 3rd.

Commerzbank Trading Up 0.0 %

Shares of CRZBY stock traded up $0.00 during mid-day trading on Thursday, hitting $16.75. 4,022 shares of the company’s stock were exchanged, compared to its average volume of 16,885. The stock has a 50-day simple moving average of $16.13 and a two-hundred day simple moving average of $14.12. The company has a quick ratio of 32.55, a current ratio of 32.55 and a debt-to-equity ratio of 14.86. Commerzbank has a fifty-two week low of $9.72 and a fifty-two week high of $17.09. The stock has a market cap of $19.85 billion, a price-to-earnings ratio of 8.63 and a beta of 1.02.

Commerzbank (OTCMKTS:CRZBY) last posted its quarterly earnings results on Wednesday, May 15th. The financial services provider reported $0.67 earnings per share for the quarter. The company had revenue of $2.98 billion for the quarter. Commerzbank had a net margin of 10.27% and a return on equity of 6.71%. Equities analysts expect that Commerzbank will post 2.05 EPS for the current fiscal year.

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.