Commerzbank AG (OTCMKTS:CRZBY) Short Interest Update

Commerzbank AG (OTCMKTS:CRZBY) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totalling 19,900 shares, a drop of 92.0% from the September 15th total of 248,500 shares. Based on an average daily volume of 106,800 shares, the short-interest ratio is currently 0.2 days.

Commerzbank Price Performance

CRZBY traded up $0.01 during trading on Friday, hitting $18.22. The company’s stock had a trading volume of 13,657 shares, compared to its average volume of 23,131. The firm’s 50 day moving average price is $15.70 and its two-hundred day moving average price is $15.56. The company has a quick ratio of 32.55, a current ratio of 31.49 and a debt-to-equity ratio of 14.98. The stock has a market capitalization of $21.58 billion, a price-to-earnings ratio of 9.48 and a beta of 0.99. Commerzbank has a 12 month low of $10.51 and a 12 month high of $18.59.

Commerzbank (OTCMKTS:CRZBY) last released 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 during the quarter. Commerzbank had a net margin of 9.65% and a return on equity of 6.56%. Sell-side analysts forecast that Commerzbank will post 1.96 earnings per share for the current fiscal year.

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.