Citizens Bancshares Corp. (OTCMKTS:CZBS) Short Interest Down 75.0% in August

Key Points

• Citizens Bancshares Corp. experienced a significant reduction in short interest, dropping 75.0% in August, with short interest totaling just 100 shares as of August 15th.
• The company's stock opened at $46.27, with a one-year trading range between $41.51 and $63.00.
• Citizens Bancshares serves as the holding company for Citizens Trust Bank, offering a variety of commercial banking services including loans and deposit accounts for both individual and corporate customers.

Citizens Bancshares Corp. (OTCMKTS:CZBS - Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 15th, there was short interest totaling 100 shares, adeclineof75.0% from the July 31st total of 400 shares. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 4,800 shares, the short-interest ratio is presently 0.0 days.

Citizens Bancshares Stock Up 0.7%

Shares of Citizens Bancshares stock traded up $0.33 during trading on Friday, reaching $46.58. 350 shares of the company were exchanged, compared to its average volume of 1,619. Citizens Bancshares has a twelve month low of $41.51 and a twelve month high of $63.00. The business has a 50-day moving average price of $45.94 and a 200-day moving average price of $48.17.

Citizens Bancshares Company Profile

Citizens Bancshares Corporation operates as the holding company for Citizens Trust Bank that provides various commercial banking services to individual and corporate customers. The company offers checking and savings accounts; and demand and money market deposits. Its loan products include commercial, financial, and agricultural loans; loans secured by personal property, such as automobiles, marketable securities, and other titled recreational vehicles and motorcycles, as well as unsecured consumer debt; commercial real estate loans; single-family residential loans; and construction and development loans.