Citizens Bancshares Corp. (OTCMKTS:CZBS) Short Interest Up 66.7% in September

Citizens Bancshares Corp. (OTCMKTS:CZBS) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 500 shares, an increase of 66.7% from the September 15th total of 300 shares. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 5,100 shares, the days-to-cover ratio is presently 0.1 days.

Citizens Bancshares Price Performance

Shares of Citizens Bancshares stock opened at $43.97 on Friday. The business’s 50 day simple moving average is $46.06 and its 200 day simple moving average is $46.81. Citizens Bancshares has a 52-week low of $41.51 and a 52-week high of $63.00.

Citizens Bancshares Company Profile

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.