Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Stock Short Interest Report for October

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,715 shares, a drop of 34.3% from the September 30th total of 2,612 shares. Based on an average trading volume of 9,292 shares, the days-to-cover ratio is presently 0.2 days.

Commercial International Bank (Egypt) S.A.E. Stock Up 0.9%

Shares of Commercial International Bank (Egypt) S.A.E. stock opened at $2.18 on Tuesday. The business’s fifty day moving average price is $2.38 and its two-hundred day moving average price is $2.49. Commercial International Bank has a 1-year low of $1.85 and a 1-year high of $2.87.

Commercial International Bank (Egypt) S.A.E. Company Profile

Commercial International Bank (Egypt) SAE. (CIB) is an Egypt-based financial institution that provides banking and related financial services to corporate, institutional, small and medium-sized enterprise, and individual customers. The bank serves clients through a network of branches and digital banking channels across Egypt.

CIB’s services include corporate and commercial lending, working-capital and trade finance, cash management, treasury and investment services, retail deposits and loans, credit cards, mortgages, and other personal banking products.