Short Interest in Commerzbank AG (OTCMKTS:CRZBY) Rises By 136.7%

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

Institutional Trading of Commerzbank

An institutional investor recently raised its position in Commerzbank stock. GAMMA Investing LLC grew its holdings in Commerzbank AG (OTCMKTS:CRZBY) by 5,506.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,850 shares of the financial services provider’s stock after buying an additional 1,817 shares during the quarter. GAMMA Investing LLC’s holdings in Commerzbank were worth $30,000 as of its most recent SEC filing.

Commerzbank Price Performance

Commerzbank stock traded down $0.02 during mid-day trading on Wednesday, hitting $19.08. The company’s stock had a trading volume of 19,503 shares, compared to its average volume of 22,032. The business has a 50 day moving average price of $16.51 and a 200-day moving average price of $16.42. Commerzbank has a 12 month low of $10.98 and a 12 month high of $19.35. The stock has a market cap of $22.60 billion, a price-to-earnings ratio of 9.99 and a beta of 0.94.

Commerzbank (OTCMKTS:CRZBY) last released its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.13. The business had revenue of $8.45 billion during the quarter. Commerzbank had a net margin of 8.55% and a return on equity of 6.33%. On average, equities research analysts expect that Commerzbank will post 1.96 earnings per share for the current fiscal 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.