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

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

Institutional Trading of Commerzbank

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

Commerzbank Price Performance

Commerzbank stock traded down $0.18 during midday trading on Thursday, hitting $17.44. 18,437 shares of the stock were exchanged, compared to its average volume of 24,142. Commerzbank has a 1 year low of $10.98 and a 1 year high of $18.59. The company has a 50 day moving average price of $16.21 and a two-hundred day moving average price of $16.24. The firm has a market cap of $20.66 billion, a P/E ratio of 9.13 and a beta of 0.94.

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.