Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Short Interest Update

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 1,200 shares, a decline of 37.6% from the August 31st total of 1,923 shares. Based on an average daily volume of 45,803 shares, the days-to-cover ratio is presently 0.0 days.

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

Commercial International Bank (Egypt) S.A.E. stock traded down $0.05 during midday trading on Thursday, reaching $2.31. The stock had a trading volume of 3,424 shares, compared to its average volume of 10,839. The company has a fifty day moving average of $2.57 and a 200 day moving average of $2.50. Commercial International Bank has a 52-week low of $1.77 and a 52-week high of $2.87.

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) last released its earnings results on Monday, July 20th. The company reported $0.11 earnings per share for the quarter. The business had revenue of $661.63 million for the quarter.

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

Commercial International Bank (Egypt) SAE. is an Egyptian financial institution that provides banking and related financial services to corporate, institutional and individual customers. The bank operates through a network of branches and other service channels in Egypt, offering deposit accounts, current accounts, personal and business lending, credit cards, and digital banking services.

CIB’s corporate and institutional banking activities include working-capital finance, trade finance, cash management, foreign exchange, treasury services and structured lending.