Short Interest in Commerzbank AG (OTCMKTS:CRZBY) Expands By 208.0%

Commerzbank AG (OTCMKTS:CRZBY) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 61,300 shares, an increase of 208.0% from the September 30th total of 19,900 shares. Based on an average daily trading volume, of 46,000 shares, the short-interest ratio is presently 1.3 days.

Commerzbank Trading Down 1.0 %

OTCMKTS:CRZBY opened at $17.44 on Monday. Commerzbank has a 12-month low of $10.51 and a 12-month high of $18.59. The firm has a market capitalization of $20.66 billion, a P/E ratio of 8.99 and a beta of 0.99. The company has a debt-to-equity ratio of 14.98, a current ratio of 31.49 and a quick ratio of 32.55. The business has a 50 day simple moving average of $16.57 and a 200 day simple moving average of $15.87.

Commerzbank (OTCMKTS:CRZBY) last announced its quarterly earnings results on Wednesday, August 7th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.09). The business had revenue of $2.87 billion for the quarter. Commerzbank had a return on equity of 6.56% and a net margin of 9.65%. Equities research analysts predict that Commerzbank will post 1.96 EPS for the current year.

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.