Short Interest in Citizens Bancshares Co. (OTCMKTS:CZBS) Decreases By 66.7%

Citizens Bancshares Co. (OTCMKTS:CZBS - Get Free Report) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 100 shares, a decrease of 66.7% from the February 28th total of 300 shares. Based on an average trading volume of 6,600 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company's shares are short sold.

Citizens Bancshares Trading Down 0.1 %

Citizens Bancshares stock traded down $0.03 during mid-day trading on Monday, hitting $51.97. The company's stock had a trading volume of 1,850 shares, compared to its average volume of 1,916. Citizens Bancshares has a 1 year low of $44.40 and a 1 year high of $63.00. The stock's fifty day moving average is $52.72 and its two-hundred day moving average is $52.84.

Citizens Bancshares Increases Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were issued a $1.10 dividend. This is a positive change from Citizens Bancshares's previous annual dividend of $1.00. This represents a dividend yield of 2.07%. The ex-dividend date of this dividend was Monday, March 10th.

About Citizens Bancshares

Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers. The company offers checking and savings accounts; and demand and money market deposits. Its loan products include commercial, financial, and agricultural loans; loans secured by personal property, such as automobiles, marketable securities, and other titled recreational vehicles and motorcycles, as well as unsecured consumer debt; commercial real estate loans; single-family residential loans; and construction and development loans.