Citizens Bancshares Corp. (OTCMKTS:CZBS) Short Interest Down 42.3% in July

Citizens Bancshares Corp. (OTCMKTS:CZBS) saw a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 199 shares, a decline of 42.3% from the July 15th total of 345 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,285 shares, the days-to-cover ratio is presently 0.1 days.

Citizens Bancshares Stock Performance

Shares of Citizens Bancshares stock opened at $62.00 on Monday. Citizens Bancshares has a 1-year low of $39.01 and a 1-year high of $66.90. The company’s fifty day simple moving average is $57.56 and its 200-day simple moving average is $51.55.

Citizens Bancshares Company Profile

Citizens Bancshares, Inc (OTCMKTS:CZBS) is a U.S. bank holding company that provides a range of commercial and retail banking products and services. Through its subsidiary, Citizens Bank, the company offers deposit accounts such as checking, savings and certificates of deposit, along with online banking and mobile payment solutions.

On the lending side, Citizens Bancshares underwrites and services various credit products, including residential mortgage loans, home equity lines of credit, consumer installment loans and commercial and industrial financing.