Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Short Interest Down 47.9% in June

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the target of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 10,406 shares, a decline of 47.9% from the June 15th total of 19,986 shares. Based on an average daily volume of 31,409 shares, the days-to-cover ratio is presently 0.3 days.

Commercial International Bank (Egypt) S.A.E. Stock Up 0.8%

Shares of CIBEY stock traded up $0.02 during mid-day trading on Friday, reaching $2.58. The stock had a trading volume of 484 shares, compared to its average volume of 11,314. Commercial International Bank has a 1-year low of $1.51 and a 1-year high of $2.87. The business’s fifty day moving average is $2.52 and its 200-day moving average is $2.49.

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

Commercial International Bank (Egypt) SAE. (OTCMKTS:CIBEY) is one of Egypt’s leading private sector banks, offering a comprehensive suite of banking and financial services to individuals, small and medium-sized enterprises (SMEs), large corporations and government entities. Founded in 1975 as Egypt’s first truly private bank, CIB has built an extensive domestic network of branches and digital channels to serve a broad customer base across urban and rural markets. The bank’s core operations encompass retail banking, corporate and investment banking, treasury and capital markets, trade finance and risk management.

In its retail segment, CIB provides deposit accounts, credit and debit cards, personal and mortgage loans, auto finance and wealth management advisory.