Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Short Interest Update

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 2,400 shares, a decline of 90.6% from the February 28th total of 25,600 shares. Based on an average daily trading volume, of 36,700 shares, the short-interest ratio is presently 0.1 days.

Commercial International Bank (Egypt) S.A.E. Stock Performance

CIBEY traded up $0.04 during trading on Friday, hitting $1.55. 16,674 shares of the company’s stock traded hands, compared to its average volume of 24,617. The company’s 50 day simple moving average is $1.45 and its two-hundred day simple moving average is $1.50. Commercial International Bank has a 12-month low of $1.35 and a 12-month high of $1.70.

Commercial International Bank (Egypt) S.A.E. Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, April 21st. Investors of record on Monday, April 7th will be given a dividend of $0.0376 per share. The ex-dividend date is Monday, April 7th. Commercial International Bank (Egypt) S.A.E.’s dividend payout ratio (DPR) is presently 0.27%.

About Commercial International Bank (Egypt) S.A.E.

Commercial International Bank (Egypt) SAE. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management. It offers current and saving accounts, business accounts, time deposits, and certificates of deposit; car, personal, travel, solar, education, and overdraft loans; fund investment management; mortgages services; and insurance products.