Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Short Interest Up 546.6% in April

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 266,400 shares, a growth of 546.6% from the March 31st total of 41,200 shares. Based on an average trading volume of 250,400 shares, the days-to-cover ratio is presently 1.1 days.

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

Shares of CIBEY stock traded up $0.03 on Friday, hitting $1.61. 32,143 shares of the company’s stock were exchanged, compared to its average volume of 339,256. Commercial International Bank has a 12 month low of $1.04 and a 12 month high of $1.81. The company has a 50 day moving average of $1.55 and a 200 day moving average of $1.34.

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.