Commerzbank AG (OTCMKTS:CRZBY – Get Free Report) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 8,800 shares, a growth of 340.0% from the February 13th total of 2,000 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 29,100 shares, the days-to-cover ratio is presently 0.3 days.
Analyst Upgrades and Downgrades
Separately, Morgan Stanley reaffirmed an “overweight” rating on shares of Commerzbank in a research report on Friday, March 7th.
Read Our Latest Research Report on CRZBY
Institutional Investors Weigh In On Commerzbank
Commerzbank Stock Performance
Shares of OTCMKTS:CRZBY traded up $0.08 during midday trading on Friday, hitting $25.08. 33,162 shares of the stock were exchanged, compared to its average volume of 22,797. The business’s fifty day simple moving average is $20.04 and its two-hundred day simple moving average is $17.77. Commerzbank has a 52-week low of $12.69 and a 52-week high of $25.73. The company has a market capitalization of $29.71 billion, a PE ratio of 13.13 and a beta of 0.96.
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.
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