Komercní banka, a.s. (OTCMKTS:KMERF) Shares Shorted: Short Interest Up 223.2% in October

Komercní banka, a.s. (OTCMKTS:KMERF) was the target of a large increase in short interest in October. As of October 30th, there was short interest totaling 17,583 shares, an increase of 223.2% from the October 15th total of 5,440 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Komercní banka, a.s. Price Performance

Shares of KMERF remained flat at $45.53 during trading hours on Thursday. The stock had a trading volume of 2 shares, compared to its average volume of 67. The firm has a fifty day moving average of $46.21 and a 200 day moving average of $51.01. Komercní banka, a.s. has a one year low of $45.10 and a one year high of $47.28.

About Komercní banka, a.s.

Komerční banka, a.s. is a Czech banking group headquartered in Prague. Established in 1990 following the separation of the former Czechoslovak State Bank, the institution was transformed into a joint-stock company in 1992 and privatized in 2001. It became a member of the Société Générale Group and has developed into one of the Czech Republic’s principal financial institutions. The bank provides a broad range of financial products and services to individuals, entrepreneurs, small and medium-sized businesses, large corporations, and public-sector organizations.