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

Commerzbank AG (OTCMKTS:CRZBY) saw a large growth in short interest in 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 volume of 42,200 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Commerzbank stock. GAMMA Investing LLC raised its holdings in Commerzbank AG (OTCMKTS:CRZBY) by 5,506.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,850 shares of the financial services provider’s stock after buying an additional 1,817 shares during the period. GAMMA Investing LLC’s holdings in Commerzbank were worth $30,000 at the end of the most recent quarter.

Commerzbank Stock Down 1.0 %

OTCMKTS:CRZBY traded down $0.18 during trading hours on Thursday, hitting $17.44. 18,437 shares of the stock were exchanged, compared to its average volume of 24,142. The company has a market capitalization of $20.66 billion, a P/E ratio of 9.13 and a beta of 0.94. Commerzbank has a twelve month low of $10.98 and a twelve month high of $18.59. The company’s 50 day moving average is $16.21 and its two-hundred day moving average is $16.24.

About Commerzbank

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.