Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Short Interest Up 97.0% in May

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 13,000 shares, an increase of 97.0% from the April 30th total of 6,600 shares. Based on an average daily trading volume, of 14,300 shares, the short-interest ratio is presently 0.9 days.

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

Shares of OTCMKTS CIBEY traded up $0.03 during midday trading on Friday, hitting $1.60. 20,690 shares of the company’s stock were exchanged, compared to its average volume of 19,981. Commercial International Bank has a twelve month low of $1.35 and a twelve month high of $1.68. The stock’s 50 day moving average price is $1.49 and its 200-day moving average price is $1.47.

Commercial International Bank (Egypt) S.A.E. Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, April 21st. Shareholders of record on Monday, April 7th were paid a dividend of $0.0376 per share. The ex-dividend date of this dividend was Monday, April 7th. Commercial International Bank (Egypt) S.A.E.’s payout ratio is currently 1.06%.

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

Commercial International Bank (Egypt) SAE. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management. It offers current and saving accounts, business accounts, time deposits, and certificates of deposit; car, personal, travel, solar, education, and overdraft loans; fund investment management; mortgages services; and insurance products.