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Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY – Get Free Report) saw a significant decline in short interest in July. As of July 31st, there was short interest totaling 2,153 shares, a decline of 79.9% from the July 15th total of 10,687 shares. Based on an average daily volume of 10,120 shares, the days-to-cover ratio is currently 0.2 days.
Commercial International Bank (Egypt) S.A.E. Price Performance
Shares of Commercial International Bank (Egypt) S.A.E. stock traded down $0.02 during midday trading on Thursday, hitting $2.64. 10,178 shares of the company were exchanged, compared to its average volume of 10,443. The firm has a 50 day simple moving average of $2.59 and a 200-day simple moving average of $2.53. Commercial International Bank has a 52 week low of $1.59 and a 52 week high of $2.87.
Commercial International Bank (Egypt) S.A.E. (OTCMKTS:CIBEY – Get Free Report) last issued its quarterly earnings data on Monday, July 20th. The company reported $0.11 earnings per share (EPS) for the quarter. The company had revenue of $661.63 million for the quarter.
About Commercial International Bank (Egypt) S.A.E.
Commercial International Bank (Egypt) SAE. (OTCMKTS:CIBEY) is one of Egypt’s leading private sector banks, offering a comprehensive suite of banking and financial services to individuals, small and medium-sized enterprises (SMEs), large corporations and government entities. Founded in 1975 as Egypt’s first truly private bank, CIB has built an extensive domestic network of branches and digital channels to serve a broad customer base across urban and rural markets. The bank’s core operations encompass retail banking, corporate and investment banking, treasury and capital markets, trade finance and risk management.
In its retail segment, CIB provides deposit accounts, credit and debit cards, personal and mortgage loans, auto finance and wealth management advisory.
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