Short Interest in Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Decreases By 73.5%

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEYGet Free Report) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totalling 13,900 shares, a decrease of 73.5% from the May 31st total of 52,400 shares. Based on an average trading volume of 20,900 shares, the days-to-cover ratio is presently 0.7 days.

Commercial International Bank (Egypt) S.A.E. Stock Performance

CIBEY stock remained flat at $1.46 during trading on Thursday. 4,145 shares of the company’s stock were exchanged, compared to its average volume of 229,841. Commercial International Bank has a twelve month low of $1.04 and a twelve month high of $1.81. The stock has a 50 day moving average price of $1.55 and a 200 day moving average price of $1.43.

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

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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.

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