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

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

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

Shares of Commercial International Bank (Egypt) S.A.E. stock opened at $2.66 on Friday. Commercial International Bank has a 12-month low of $1.59 and a 12-month high of $2.87. The firm’s 50-day moving average price is $2.62 and its two-hundred day moving average price is $2.52.

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

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.