Commerzbank AG (OTCMKTS:CRZBY) Short Interest Down 98.2% in April

Commerzbank AG (OTCMKTS:CRZBY) was the recipient of a large 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 volume of 29,400 shares, the short-interest ratio is presently 0.0 days.

Commerzbank Trading Up 0.5 %

OTCMKTS:CRZBY traded up $0.08 during trading hours on Friday, hitting $15.15. 87,631 shares of the stock were exchanged, compared to its average volume of 20,919. Commerzbank has a 52-week low of $9.72 and a 52-week high of $15.27. The company has a market cap of $18.79 billion, a P/E ratio of 8.61 and a beta of 1.13. The firm’s fifty day moving average price is $13.21 and its 200 day moving average price is $12.19.

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

Commerzbank Increases Dividend

The firm also recently disclosed 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. This is a boost from Commerzbank’s previous dividend of $0.14. The ex-dividend date of this dividend is Thursday, May 2nd. Commerzbank’s dividend payout ratio (DPR) 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.