Commerzbank AG (OTCMKTS:CRZBY) Short Interest Down 89.4% in February

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

Hedge Funds Weigh In On Commerzbank

A hedge fund recently raised its stake in Commerzbank stock. GAMMA Investing LLC lifted its holdings in Commerzbank AG (OTCMKTS:CRZBY - Free Report) by 5,506.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,850 shares of the financial services provider's stock after buying an additional 1,817 shares during the quarter. GAMMA Investing LLC's holdings in Commerzbank were worth $30,000 at the end of the most recent quarter.

Commerzbank Price Performance

Shares of OTCMKTS:CRZBY traded up $0.86 during trading on Monday, reaching $22.08. The stock had a trading volume of 25,924 shares, compared to its average volume of 19,576. The stock has a market capitalization of $26.16 billion, a PE ratio of 11.56 and a beta of 0.95. Commerzbank has a 52 week low of $11.60 and a 52 week high of $22.71. The business's 50-day moving average price is $18.65 and its 200 day moving average price is $17.23.

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.