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 large decrease in short interest in March. As of March 15th, there was short interest totalling 2,400 shares, a decrease of 90.6% from the February 28th total of 25,600 shares. Based on an average daily volume of 36,700 shares, the days-to-cover ratio is currently 0.1 days.

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

Commercial International Bank (Egypt) S.A.E. stock traded up $0.04 during trading hours on Friday, hitting $1.55. 16,674 shares of the stock traded hands, compared to its average volume of 24,617. Commercial International Bank has a one year low of $1.35 and a one year high of $1.70. The firm’s 50-day moving average price is $1.45 and its two-hundred day moving average price is $1.50.

Commercial International Bank (Egypt) S.A.E. Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, April 21st. Investors of record on Monday, April 7th will be paid a $0.0376 dividend. The ex-dividend date of this dividend is Monday, April 7th. Commercial International Bank (Egypt) S.A.E.’s payout ratio is 0.27%.

About Commercial International Bank (Egypt) S.A.E.

Commercial International Bank (Egypt) SAE. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management. It offers current and saving accounts, business accounts, time deposits, and certificates of deposit; car, personal, travel, solar, education, and overdraft loans; fund investment management; mortgages services; and insurance products.