Commerzbank AG (OTCMKTS:CRZBY) Short Interest Up 136.7% in January

Commerzbank AG (OTCMKTS:CRZBY) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 7,100 shares, an increase of 136.7% from the December 31st total of 3,000 shares. Based on an average daily trading volume, of 42,200 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of Commerzbank

A hedge fund recently raised its stake in Commerzbank stock. GAMMA Investing LLC grew its position in shares of Commerzbank AG (OTCMKTS:CRZBY) by 5,506.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,850 shares of the financial services provider’s stock after buying an additional 1,817 shares during the quarter. GAMMA Investing LLC’s holdings in Commerzbank were worth $30,000 as of its most recent filing with the Securities & Exchange Commission.

Commerzbank Price Performance

OTCMKTS:CRZBY traded down $0.12 during trading hours on Thursday, hitting $19.08. The stock had a trading volume of 9,366 shares, compared to its average volume of 24,751. The company has a 50 day simple moving average of $16.57 and a two-hundred day simple moving average of $16.44. Commerzbank has a one year low of $10.98 and a one year high of $19.35. The firm has a market capitalization of $22.60 billion, a price-to-earnings ratio of 9.99 and a beta of 0.94.

Commerzbank (OTCMKTS:CRZBY) last released its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.13. Commerzbank had a net margin of 8.55% and a return on equity of 6.33%. The company had revenue of $8.45 billion during the quarter. Equities research analysts anticipate that Commerzbank will post 1.96 earnings per share for the current year.

Commerzbank Company Profile

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients.