Short Interest in Citizens Bancshares Corp. (OTCMKTS:CZBS) Rises By 1,100.0%

Citizens Bancshares Corp. (OTCMKTS:CZBS) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 156 shares, an increase of 1,100.0% from the May 14th total of 13 shares. Based on an average daily trading volume, of 2,569 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Citizens Bancshares Price Performance

Shares of OTCMKTS CZBS remained flat at $53.01 during trading hours on Thursday. The company had a trading volume of 1,144 shares, compared to its average volume of 1,034. Citizens Bancshares has a 1 year low of $39.01 and a 1 year high of $53.59. The business’s fifty day simple moving average is $50.07 and its 200-day simple moving average is $46.51.

Citizens Bancshares Company Profile

Citizens Bancshares, Inc (OTCMKTS:CZBS) is a U.S. bank holding company that provides a range of commercial and retail banking products and services. Through its subsidiary, Citizens Bank, the company offers deposit accounts such as checking, savings and certificates of deposit, along with online banking and mobile payment solutions.

On the lending side, Citizens Bancshares underwrites and services various credit products, including residential mortgage loans, home equity lines of credit, consumer installment loans and commercial and industrial financing.