Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Short Interest Update

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 10,406 shares, a decrease of 47.9% from the June 15th total of 19,986 shares. Based on an average trading volume of 31,409 shares, the short-interest ratio is currently 0.3 days.

Commercial International Bank (Egypt) S.A.E. Stock Performance

OTCMKTS CIBEY opened at $2.59 on Wednesday. Commercial International Bank has a 52 week low of $1.51 and a 52 week high of $2.87. The business has a 50 day moving average price of $2.52 and a 200-day moving average price of $2.48.

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.