Cembra Money Bank AG (OTCMKTS:CMBNF) Short Interest Up 113.3% in February

Cembra Money Bank AG (OTCMKTS:CMBNF) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 12,371 shares, a growth of 113.3% from the January 29th total of 5,801 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Cembra Money Bank in a research note on Wednesday, January 14th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of “Hold”.

Cembra Money Bank Stock Performance

Shares of OTCMKTS:CMBNF remained flat at C$125.55 during midday trading on Friday. The business has a 50 day simple moving average of C$109.11 and a 200 day simple moving average of C$97.49. Cembra Money Bank has a 52 week low of C$91.31 and a 52 week high of C$125.55.

Cembra Money Bank Company Profile

Cembra Money Bank AG is a Swiss consumer finance provider headquartered in Zurich, offering a range of credit and savings solutions to private individuals and small to medium-sized enterprises. The company’s core business activities include the origination and servicing of personal loans, leasing products, credit cards and savings deposits. Through its subsidiaries and digital platforms, Cembra delivers financing options for new and used vehicles as well as unsecured personal lines of credit, complemented by a suite of savings accounts designed to attract retail deposits.

The institution traces its roots to the consumer finance arm of Swiss Life, which was acquired by GE Capital in the early 2000s and subsequently rebranded.