Short Interest in Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) Declines By 70.8%

Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 700 shares, a decrease of 70.8% from the March 15th total of 2,400 shares. Based on an average trading volume of 25,600 shares, the days-to-cover ratio is currently 0.0 days.

Commercial International Bank (Egypt) S.A.E. Trading Down 0.7 %

Shares of OTCMKTS:CIBEY traded down $0.01 during trading hours on Thursday, reaching $1.39. The stock had a trading volume of 1,758 shares, compared to its average volume of 23,858. The firm’s 50 day moving average is $1.45 and its 200-day moving average is $1.48. Commercial International Bank has a 1 year low of $1.35 and a 1 year high of $1.69.

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

The business also recently announced a dividend, which will be paid on Monday, April 21st. Shareholders of record on Monday, April 7th will be given a dividend of $0.0376 per share. The ex-dividend date is Monday, April 7th. Commercial International Bank (Egypt) S.A.E.’s payout ratio is currently 1.06%.

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.