Citizens Bancshares Corp. (OTCMKTS:CZBS) Sees Large Decline in Short Interest

Citizens Bancshares Corp. (OTCMKTS:CZBS) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 199 shares, a decline of 42.3% from the July 15th total of 345 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 3,285 shares, the days-to-cover ratio is currently 0.1 days.

Citizens Bancshares Stock Performance

OTCMKTS:CZBS opened at $62.00 on Monday. The stock’s fifty day moving average is $57.56 and its 200 day moving average is $51.55. Citizens Bancshares has a fifty-two week low of $39.01 and a fifty-two week high of $66.90.

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.