Citizens Bancshares Corp. (OTCMKTS:CZBS) Short Interest Up 200.0% in August

Citizens Bancshares Corp. (OTCMKTS:CZBS) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 300 shares, an increase of 200.0% from the August 15th total of 100 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Citizens Bancshares Stock Performance

Shares of OTCMKTS CZBS opened at $47.00 on Friday. The firm has a 50 day moving average price of $46.08 and a 200 day moving average price of $48.00. Citizens Bancshares has a 52-week low of $41.51 and a 52-week high of $63.00.

About Citizens Bancshares

Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers. The company offers checking and savings accounts; and demand and money market deposits. Its loan products include commercial, financial, and agricultural loans; loans secured by personal property, such as automobiles, marketable securities, and other titled recreational vehicles and motorcycles, as well as unsecured consumer debt; commercial real estate loans; single-family residential loans; and construction and development loans.