Citizens Bancshares Co. (OTCMKTS:CZBS) Short Interest Update

Citizens Bancshares Co. (OTCMKTS:CZBSGet Free Report) was the recipient of a large drop in short interest in October. As of October 31st, there was short interest totalling 100 shares, a drop of 75.0% from the October 15th total of 400 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is currently 0.1 days.

Citizens Bancshares Price Performance

Shares of CZBS stock traded up $0.05 during trading hours on Wednesday, reaching $58.85. 4,621 shares of the company’s stock were exchanged, compared to its average volume of 1,743. The stock’s fifty day moving average price is $52.51 and its two-hundred day moving average price is $49.18. Citizens Bancshares has a 1 year low of $33.50 and a 1 year high of $63.00.

About Citizens Bancshares

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Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers. The company offers checking and savings accounts; and demand and money market deposits. Its loan products include commercial, financial, and agricultural loans; loans secured by personal property, such as automobiles, marketable securities, and other titled recreational vehicles and motorcycles, as well as unsecured consumer debt; commercial real estate loans; single-family residential loans; and construction and development loans.

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