Commerzbank AG (OTCMKTS:CRZBY) Short Interest Up 136.7% in December

Commerzbank AG (OTCMKTS:CRZBY) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 7,100 shares, an increase of 136.7% from the December 15th total of 3,000 shares. Based on an average daily volume of 42,200 shares, the short-interest ratio is presently 0.2 days.

Commerzbank Stock Down 0.3 %

OTCMKTS CRZBY traded down $0.05 on Tuesday, reaching $17.08. The company had a trading volume of 16,451 shares, compared to its average volume of 40,850. The firm has a market capitalization of $20.23 billion, a price-to-earnings ratio of 8.94 and a beta of 0.94. The company has a debt-to-equity ratio of 14.98, a quick ratio of 32.55 and a current ratio of 0.47. Commerzbank has a 1-year low of $10.98 and a 1-year high of $18.59. The company’s fifty day moving average is $16.21 and its 200-day moving average is $16.21.

Hedge Funds Weigh In On Commerzbank

An institutional investor recently raised its position in Commerzbank stock. GAMMA Investing LLC lifted its holdings in shares of Commerzbank AG (OTCMKTS:CRZBY) by 5,506.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 quarter.

Commerzbank Company Profile

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.