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

Commerzbank AG (OTCMKTS:CRZBY) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 13,000 shares, a drop of 17.2% from the October 31st total of 15,700 shares. Based on an average daily volume of 33,300 shares, the short-interest ratio is presently 0.4 days.

Commerzbank Stock Up 2.7 %

OTCMKTS CRZBY traded up $0.41 on Friday, hitting $15.38. 6,168 shares of the stock traded hands, compared to its average volume of 15,550. The stock has a 50-day moving average of $17.31 and a 200 day moving average of $16.23. Commerzbank has a twelve month low of $10.98 and a twelve month high of $18.59. The company has a market capitalization of $18.22 billion, a P/E ratio of 8.05 and a beta of 1.00. The company has a current ratio of 31.49, a quick ratio of 32.55 and a debt-to-equity ratio of 14.98.

About Commerzbank

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.