Short Interest in Cembra Money Bank AG (OTCMKTS:CMBNF) Grows By 79.2%

Cembra Money Bank AG (OTCMKTS:CMBNF) saw a large growth in short interest in the month of March. As of March 31st, there was short interest totaling 159,208 shares, a growth of 79.2% from the March 15th total of 88,831 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Cembra Money Bank Price Performance

Shares of Cembra Money Bank stock opened at C$126.00 on Monday. The company has a fifty day moving average of C$125.59 and a 200 day moving average of C$104.83. Cembra Money Bank has a fifty-two week low of C$125.55 and a fifty-two week high of C$126.00.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Cembra Money Bank in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Cembra Money Bank Company Profile

Cembra Money Bank AG is a Swiss consumer finance provider headquartered in Zurich, offering a range of credit and savings solutions to private individuals and small to medium-sized enterprises. The company’s core business activities include the origination and servicing of personal loans, leasing products, credit cards and savings deposits. Through its subsidiaries and digital platforms, Cembra delivers financing options for new and used vehicles as well as unsecured personal lines of credit, complemented by a suite of savings accounts designed to attract retail deposits.

The institution traces its roots to the consumer finance arm of Swiss Life, which was acquired by GE Capital in the early 2000s and subsequently rebranded.