Short Interest in Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Drops By 66.6%

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the recipient of a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 720 shares, a drop of 66.6% from the July 30th total of 2,153 shares. Based on an average daily volume of 5,654 shares, the short-interest ratio is currently 0.1 days.

Commercial International Bank (Egypt) S.A.E. Stock Down 1.1%

OTCMKTS CIBEY traded down $0.03 on Friday, reaching $2.66. The stock had a trading volume of 20,445 shares, compared to its average volume of 10,275. Commercial International Bank has a 12-month low of $1.59 and a 12-month high of $2.87. The stock has a fifty day moving average price of $2.62 and a two-hundred day moving average price of $2.52.

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) last released its quarterly earnings results on Monday, July 20th. The company reported $0.11 EPS for the quarter. The firm had revenue of $661.63 million for the quarter.

About Commercial International Bank (Egypt) S.A.E.

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.