Commerzbank AG (OTCMKTS:CRZBY) Short Interest Update

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

Commerzbank Trading Up 0.5 %

CRZBY traded up $0.08 on Friday, reaching $15.15. The stock had a trading volume of 87,631 shares, compared to its average volume of 13,048. Commerzbank has a 12-month low of $9.72 and a 12-month high of $15.27. The business’s 50-day moving average price is $13.21 and its two-hundred day moving average price is $12.19. The company has a market cap of $18.79 billion, a P/E ratio of 8.56 and a beta of 1.13.

Commerzbank (OTCMKTS:CRZBY) last released its quarterly earnings data on Tuesday, March 19th. The financial services provider reported $0.34 earnings per share for the quarter. Commerzbank had a net margin of 10.17% and a return on equity of 6.30%. The company had revenue of $2.29 billion during the quarter. As a group, analysts predict that Commerzbank will post 2.09 earnings per share for the current year.

Commerzbank Increases Dividend

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

About Commerzbank

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.