Komercní banka, a.s. (OTCMKTS:KMERF) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 129,800 shares, a drop of 52.1% from the December 15th total of 270,700 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 1,298.0 days.
Shares of OTCMKTS KMERF remained flat at $$28.05 during mid-day trading on Wednesday. The business’s 50 day moving average is $27.31 and its 200 day moving average is $24.34. Komercní banka, a.s. has a fifty-two week low of $17.80 and a fifty-two week high of $36.15.
Separately, HSBC lowered shares of Komercní banka, a.s. from a “buy” rating to a “hold” rating in a research report on Tuesday, December 15th.
KomercnÃ banka, a.s., together with its subsidiaries, provides various retail, corporate, and investment banking services primarily in the Czech Republic, and Central and Eastern Europe. The company accepts various deposits, such as current and savings accounts, term deposits, and foreign currency accounts.
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