Commerzbank AG (OTCMKTS:CRZBY) Short Interest Update

Commerzbank AG (OTCMKTS:CRZBY) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 200 shares, a drop of 98.2% from the March 31st total of 11,300 shares. Based on an average trading volume of 29,400 shares, the days-to-cover ratio is currently 0.0 days.

Commerzbank Stock Performance

OTCMKTS:CRZBY traded up $0.08 during mid-day trading on Friday, hitting $15.15. 87,631 shares of the company’s stock traded hands, compared to its average volume of 13,048. The company has a market cap of $18.79 billion, a PE ratio of 8.56 and a beta of 1.13. Commerzbank has a 1 year low of $9.72 and a 1 year high of $15.27. The firm’s 50 day simple moving average is $13.21 and its 200 day simple moving average is $12.19.

Commerzbank (OTCMKTS:CRZBY) last issued its quarterly earnings results on Tuesday, March 19th. The financial services provider reported $0.34 EPS for the quarter. The business had revenue of $2.29 billion during the quarter. Commerzbank had a net margin of 10.17% and a return on equity of 6.30%. On average, research analysts expect that Commerzbank will post 2.09 earnings per share for the current fiscal year.

Commerzbank Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, May 16th. Stockholders of record on Friday, May 3rd will be issued a dividend of $0.2575 per share. The ex-dividend date of this dividend is Thursday, May 2nd. This is an increase from Commerzbank’s previous dividend of $0.14. Commerzbank’s payout ratio is 7.95%.

Commerzbank Company Profile

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients.