Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Sees Significant Decrease in Short Interest

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 700 shares, a drop of 12.5% from the December 15th total of 800 shares. Based on an average daily volume of 55,300 shares, the short-interest ratio is presently 0.0 days.

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

CIBEY stock traded up $0.02 during trading on Friday, reaching $1.40. 10,002 shares of the company were exchanged, compared to its average volume of 14,791. The company has a 50-day moving average of $1.48 and a two-hundred day moving average of $1.55. Commercial International Bank has a twelve month low of $1.04 and a twelve month high of $1.81.

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.