Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Short Interest Down 73.5% in June

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) saw a large decrease in short interest in June. As of June 15th, there was short interest totalling 13,900 shares, a decrease of 73.5% from the May 31st total of 52,400 shares. Based on an average daily trading volume, of 20,900 shares, the days-to-cover ratio is currently 0.7 days.

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

OTCMKTS:CIBEY remained flat at $1.46 during trading hours on Friday. The company’s stock had a trading volume of 4,145 shares, compared to its average volume of 229,841. The business’s 50-day moving average price is $1.55 and its 200-day moving average price is $1.43. Commercial International Bank has a 12 month low of $1.04 and a 12 month high of $1.81.

Commercial International Bank (Egypt) S.A.E. Company Profile

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.