Commerzbank AG (OTCMKTS:CRZBY) Short Interest Update

Commerzbank AG (OTCMKTS:CRZBY) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 61,300 shares, a growth of 208.0% from the September 30th total of 19,900 shares. Based on an average daily trading volume, of 46,000 shares, the days-to-cover ratio is currently 1.3 days.

Commerzbank Price Performance

CRZBY opened at $17.44 on Friday. The company has a fifty day simple moving average of $16.57 and a 200 day simple moving average of $15.86. 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 cap of $20.66 billion, a P/E ratio of 8.99 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 issued its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.09). The company had revenue of $2.87 billion for the quarter. Commerzbank had a return on equity of 6.56% and a net margin of 9.65%. On average, research analysts expect that Commerzbank will post 1.96 EPS for the current 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.