Commerzbank AG (OTCMKTS:CRZBY – Get Rating) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totalling 20,500 shares, a decrease of 37.7% from the April 15th total of 32,900 shares. Based on an average daily trading volume, of 170,900 shares, the short-interest ratio is currently 0.1 days.
A hedge fund recently raised its stake in Commerzbank stock. Henry James International Management Inc. boosted its position in Commerzbank AG (OTCMKTS:CRZBY – Get Rating) by 26.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,430 shares of the financial services provider’s stock after acquiring an additional 5,687 shares during the period. Henry James International Management Inc.’s holdings in Commerzbank were worth $208,000 as of its most recent SEC filing.
Shares of OTCMKTS:CRZBY opened at $6.62 on Friday. The business’s 50 day simple moving average is $7.20 and its two-hundred day simple moving average is $7.83. Commerzbank has a 52-week low of $5.85 and a 52-week high of $10.55.
About Commerzbank (Get Rating)
Commerzbank AG provides banking and capital market services to private and small business customers, multinational groups, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers, and Corporate Clients. The company offers accounts, commercial payments, payment enabling, clearing and custody, and other services; trade services, including documentary collection, letters of credit, guarantees, trade facilitation, supply chain financing, buyer's credit, and forfaiting services; and bilateral loans, club deals, Schuldschein instruments, syndicated loans, bonds, private placements, other debt instruments, and Islamic financing services.
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