Citizens Bancshares Corp. (OTCMKTS:CZBS) Sees Large Decrease in Short Interest

Citizens Bancshares Corp. (OTCMKTS:CZBS) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 12 shares, a drop of 94.9% from the April 15th total of 234 shares. Based on an average trading volume of 1,339 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Citizens Bancshares Stock Performance

Citizens Bancshares stock remained flat at $50.00 during mid-day trading on Tuesday. 401 shares of the company’s stock were exchanged, compared to its average volume of 1,556. The stock’s 50-day moving average price is $48.26 and its 200 day moving average price is $44.92. Citizens Bancshares has a fifty-two week low of $39.01 and a fifty-two week high of $52.00.

Citizens Bancshares Company Profile

Citizens Bancshares, Inc (OTCMKTS:CZBS) is a U.S. bank holding company that provides a range of commercial and retail banking products and services. Through its subsidiary, Citizens Bank, the company offers deposit accounts such as checking, savings and certificates of deposit, along with online banking and mobile payment solutions.

On the lending side, Citizens Bancshares underwrites and services various credit products, including residential mortgage loans, home equity lines of credit, consumer installment loans and commercial and industrial financing.