Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Sees Large Decline in Short Interest

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 700 shares, a drop of 12.5% from the December 15th total of 800 shares. Based on an average daily trading volume, of 55,300 shares, the short-interest ratio is currently 0.0 days.

Commercial International Bank (Egypt) S.A.E. Trading Up 1.4 %

OTCMKTS:CIBEY traded up $0.02 during trading hours on Friday, reaching $1.40. 10,002 shares of the company’s stock were exchanged, compared to its average volume of 14,791. The business’s 50-day simple moving average is $1.48 and its two-hundred day simple moving average is $1.55. Commercial International Bank has a 12 month low of $1.04 and a 12 month high of $1.81.

About Commercial International Bank (Egypt) S.A.E.

Commercial International Bank (Egypt) SAE. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management. It offers current and saving accounts, business accounts, time deposits, and certificates of deposit; car, personal, travel, solar, education, and overdraft loans; fund investment management; mortgages services; and insurance products.