Commerzbank AG (OTCMKTS:CRZBY) Short Interest Down 74.4% in October

Commerzbank AG (OTCMKTS:CRZBY) was the recipient of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 15,700 shares, a drop of 74.4% from the October 15th total of 61,300 shares. Based on an average trading volume of 26,500 shares, the days-to-cover ratio is currently 0.6 days.

Commerzbank Trading Down 1.6 %

Commerzbank stock traded down $0.27 during midday trading on Wednesday, reaching $16.48. The stock had a trading volume of 15,982 shares, compared to its average volume of 23,133. Commerzbank has a 52-week low of $10.98 and a 52-week high of $18.59. The company has a fifty day moving average of $17.28 and a 200 day moving average of $16.15. The firm has a market cap of $19.52 billion, a price-to-earnings ratio of 8.77 and a beta of 1.00. The company has a quick ratio of 32.55, a current ratio of 31.49 and a debt-to-equity ratio of 14.98.

Commerzbank Company Profile

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients.