Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Stock Short Interest Report for September

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 2,612 shares, an increase of 117.7% from the September 15th total of 1,200 shares. Based on an average daily trading volume, of 16,545 shares, the days-to-cover ratio is presently 0.2 days.

Commercial International Bank (Egypt) S.A.E. Trading Up 4.1%

CIBEY opened at $2.29 on Wednesday. Commercial International Bank has a one year low of $1.82 and a one year high of $2.87. The business’s 50 day moving average price is $2.50 and its 200 day moving average price is $2.50.

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

Commercial International Bank (Egypt) S.A.E. Company Profile

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.