Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Short Interest Update

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) saw a significant increase in short interest during the month of April. As of April 30th, there was short interest totaling 2,203 shares, an increase of 206.0% from the April 15th total of 720 shares. Based on an average trading volume of 18,561 shares, the days-to-cover ratio is presently 0.1 days.

Commercial International Bank (Egypt) S.A.E. Stock Up 0.4%

Commercial International Bank (Egypt) S.A.E. stock traded up $0.01 during mid-day trading on Friday, reaching $2.41. 11,705 shares of the stock traded hands, compared to its average volume of 8,789. Commercial International Bank has a 12-month low of $1.38 and a 12-month high of $2.87. The business’s 50-day moving average is $2.38 and its 200-day moving average is $2.38.

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

Commercial International Bank (Egypt) SAE. (OTCMKTS:CIBEY) is one of Egypt’s leading private sector banks, offering a comprehensive suite of banking and financial services to individuals, small and medium-sized enterprises (SMEs), large corporations and government entities. Founded in 1975 as Egypt’s first truly private bank, CIB has built an extensive domestic network of branches and digital channels to serve a broad customer base across urban and rural markets. The bank’s core operations encompass retail banking, corporate and investment banking, treasury and capital markets, trade finance and risk management.

In its retail segment, CIB provides deposit accounts, credit and debit cards, personal and mortgage loans, auto finance and wealth management advisory.