Citizens Bancshares Corp. (OTCMKTS:CZBS) Sees Large Increase in Short Interest

Citizens Bancshares Corp. (OTCMKTS:CZBS) saw a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 541 shares, a growth of 136.2% from the October 15th total of 229 shares. Based on an average daily volume of 1,770 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

Citizens Bancshares Price Performance

Shares of CZBS opened at $70.50 on Friday. The business’s 50 day moving average is $67.14 and its two-hundred day moving average is $56.21. Citizens Bancshares has a 52-week low of $39.01 and a 52-week high of $72.72.

Citizens Bancshares Company Profile

Citizens Bancshares is a bank holding company that provides community banking services through its subsidiary, Citizens Bank. The company serves individuals, families, and businesses with traditional banking products and services. Its offerings generally include deposit accounts, residential and commercial real estate lending, consumer loans, business financing, and related banking services. Citizens Bank also provides customers with access to electronic and digital banking tools. Citizens Bancshares focuses on relationship-based banking and serving the communities in its local market.