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

Commerzbank AG (OTCMKTS:CRZBY) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 7,100 shares, an increase of 136.7% from the December 15th total of 3,000 shares. Based on an average daily volume of 42,200 shares, the short-interest ratio is presently 0.2 days.

Commerzbank Stock Down 1.0 %

Shares of OTCMKTS:CRZBY traded down $0.18 on Wednesday, reaching $17.44. The company had a trading volume of 18,437 shares, compared to its average volume of 36,284. The company has a quick ratio of 32.55, a current ratio of 0.47 and a debt-to-equity ratio of 14.98. The stock has a market capitalization of $20.66 billion, a P/E ratio of 9.13 and a beta of 0.94. The stock has a 50-day moving average price of $16.21 and a 200 day moving average price of $16.24. Commerzbank has a twelve month low of $10.98 and a twelve month high of $18.59.

Hedge Funds Weigh In On Commerzbank

An institutional investor recently raised its position in Commerzbank stock. GAMMA Investing LLC increased its position in shares of Commerzbank AG (OTCMKTS:CRZBY) by 5,506.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period.

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.