Short Interest in Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Rises By 206.0%

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 2,203 shares, a growth of 206.0% from the April 15th total of 720 shares. Based on an average daily volume of 18,561 shares, the short-interest ratio is presently 0.1 days.

Commercial International Bank (Egypt) S.A.E. Price Performance

CIBEY traded down $0.05 on Friday, hitting $2.35. The company had a trading volume of 2,155 shares, compared to its average volume of 8,672. Commercial International Bank has a 12-month low of $1.38 and a 12-month high of $2.87. The stock has a fifty day moving average price of $2.38 and a 200-day moving average price of $2.38.

About Commercial International Bank (Egypt) S.A.E.

Commercial International Bank (Egypt) SAE. (OTCMKTS:CIBEY) is one of Egypt’s leading private sector banks, offering a comprehensive suite of banking and financial services to individuals, small and medium-sized enterprises (SMEs), large corporations and government entities. Founded in 1975 as Egypt’s first truly private bank, CIB has built an extensive domestic network of branches and digital channels to serve a broad customer base across urban and rural markets. The bank’s core operations encompass retail banking, corporate and investment banking, treasury and capital markets, trade finance and risk management.

In its retail segment, CIB provides deposit accounts, credit and debit cards, personal and mortgage loans, auto finance and wealth management advisory.