Commerzbank AG (OTCMKTS:CRZBY) Short Interest Update

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

Commerzbank Price Performance

Shares of OTCMKTS CRZBY traded down $0.18 during mid-day trading on Friday, hitting $17.44. 5,880 shares of the stock traded hands, compared to its average volume of 23,565. The company has a debt-to-equity ratio of 14.98, a current ratio of 31.49 and a quick ratio of 32.55. Commerzbank has a twelve month low of $10.51 and a twelve month high of $18.59. The company has a market cap of $20.66 billion, a PE ratio of 8.99 and a beta of 0.99. The firm has a 50 day simple moving average of $16.57 and a two-hundred day simple moving average of $15.87.

Commerzbank (OTCMKTS:CRZBY - Get Free Report) last announced its earnings results on Wednesday, August 7th. The financial services provider reported $0.31 EPS for the quarter, missing the consensus estimate 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%. As a group, equities research analysts forecast that Commerzbank will post 1.96 EPS for the current fiscal 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.