Cembra Money Bank AG (OTCMKTS:CMBNF) Sees Large Increase in Short Interest

Cembra Money Bank AG (OTCMKTS:CMBNF) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 88,831 shares, a growth of 234.8% from the February 26th total of 26,536 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Cembra Money Bank Price Performance

Cembra Money Bank stock opened at C$125.55 on Wednesday. Cembra Money Bank has a one year low of C$91.31 and a one year high of C$125.55. The business has a fifty day moving average of C$120.76 and a two-hundred day moving average of C$101.68.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Cembra Money Bank in a research report on Wednesday, January 14th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

About Cembra Money Bank

Cembra Money Bank AG is a Swiss consumer finance provider headquartered in Zurich, offering a range of credit and savings solutions to private individuals and small to medium-sized enterprises. The company’s core business activities include the origination and servicing of personal loans, leasing products, credit cards and savings deposits. Through its subsidiaries and digital platforms, Cembra delivers financing options for new and used vehicles as well as unsecured personal lines of credit, complemented by a suite of savings accounts designed to attract retail deposits.

The institution traces its roots to the consumer finance arm of Swiss Life, which was acquired by GE Capital in the early 2000s and subsequently rebranded.