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

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

Institutional Trading of Commerzbank

An institutional investor recently raised its position in Commerzbank stock. GAMMA Investing LLC grew its holdings in shares of Commerzbank AG (OTCMKTS:CRZBY) by 5,506.1% during the fourth quarter, according to its most recent 13F filing with the SEC. 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 as of its most recent filing with the SEC.

Commerzbank Stock Performance

Shares of OTCMKTS:CRZBY traded down $0.02 during midday trading on Friday, hitting $21.36. 22,189 shares of the stock were exchanged, compared to its average volume of 19,550. The stock has a market capitalization of $25.31 billion, a price-to-earnings ratio of 11.18 and a beta of 0.95. The business’s 50-day moving average price is $18.42 and its 200 day moving average price is $17.07. Commerzbank has a 12 month low of $11.55 and a 12 month 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.