Commerzbank AG (OTCMKTS:CRZBY) Short Interest Update

Commerzbank AG (OTCMKTS:CRZBY) saw a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 2,000 shares, a decrease of 89.4% from the January 31st total of 18,800 shares. Based on an average daily trading volume, of 28,700 shares, the days-to-cover ratio is presently 0.1 days.

Commerzbank Stock Down 0.1 %

CRZBY stock traded down $0.03 during mid-day trading on Thursday, hitting $21.38. 11,711 shares of the company were exchanged, compared to its average volume of 19,479. The business has a fifty day simple moving average of $18.32 and a 200-day simple moving average of $17.04. The firm has a market capitalization of $25.33 billion, a P/E ratio of 11.19 and a beta of 0.95. Commerzbank has a 12-month low of $11.55 and a 12-month high of $21.71.

Institutional Trading of Commerzbank

A hedge fund recently raised its stake in Commerzbank stock. GAMMA Investing LLC increased its position in shares of Commerzbank AG (OTCMKTS:CRZBY) by 5,506.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,850 shares of the financial services provider’s stock after buying an additional 1,817 shares during the period. GAMMA Investing LLC’s holdings in Commerzbank were worth $30,000 at the end of the most recent reporting period.

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.