Commerzbank AG (OTCMKTS:CRZBY) Short Interest Update

Key Points

• Commerzbank AG experienced a 26.6% decline in short interest in July, with short interest totaling 17,100 shares as of July 31st.
• The company reported an earnings per share (EPS) of $0.22 for the last quarter, significantly missing the consensus estimate of $0.67, despite revenues surpassing expectations at $3.49 billion.
• Analysts generally hold a consensus rating of "Hold" for Commerzbank, with one analyst rating it as a Buy and three as Hold, reflecting mixed expectations for the stock's future performance.

Commerzbank AG (OTCMKTS:CRZBY - Get Free Report) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 17,100 shares, adeclineof26.6% from the July 15th total of 23,300 shares. Based on an average daily volume of 34,500 shares, the days-to-cover ratio is presently 0.5 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average daily volume of 34,500 shares, the days-to-cover ratio is presently 0.5 days.

Commerzbank Trading Down 1.4%

Shares of CRZBY stock traded down $0.6089 on Monday, reaching $42.0765. 18,150 shares of the stock were exchanged, compared to its average volume of 37,539. The stock has a market cap of $49.85 billion, a PE ratio of 18.70 and a beta of 0.69. Commerzbank has a one year low of $13.60 and a one year high of $44.85. The company has a debt-to-equity ratio of 14.69, a current ratio of 12.40 and a quick ratio of 33.14. The stock has a 50 day moving average price of $35.89 and a 200 day moving average price of $29.39.

Commerzbank (OTCMKTS:CRZBY - Get Free Report) last released its earnings results on Wednesday, August 6th. The financial services provider reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.45). The firm had revenue of $3.49 billion for the quarter, compared to the consensus estimate of $2.97 billion. Commerzbank had a return on equity of 7.49% and a net margin of 10.51%. Equities research analysts forecast that Commerzbank will post 1.96 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on CRZBY. Citigroup reiterated a "neutral" rating on shares of Commerzbank in a research report on Tuesday, August 5th. Deutsche Bank Aktiengesellschaft downgraded Commerzbank from a "buy" rating to a "hold" rating in a research report on Monday, August 18th. Morgan Stanley reiterated an "overweight" rating on shares of Commerzbank in a research report on Monday, May 19th. Finally, Royal Bank Of Canada restated a "sector perform" rating on shares of Commerzbank in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Commerzbank presently has an average rating of "Hold".

Institutional Investors Weigh In On Commerzbank

Institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC grew its stake in shares of Commerzbank by 124.6% during the first quarter. GAMMA Investing LLC now owns 4,156 shares of the financial services provider's stock worth $95,000 after purchasing an additional 2,306 shares during the period. Rhumbline Advisers grew its stake in shares of Commerzbank by 14.5% during the first quarter. Rhumbline Advisers now owns 5,140 shares of the financial services provider's stock worth $117,000 after purchasing an additional 650 shares during the period. Finally, Yousif Capital Management LLC grew its stake in shares of Commerzbank by 8.0% during the second quarter. Yousif Capital Management LLC now owns 15,644 shares of the financial services provider's stock worth $492,000 after purchasing an additional 1,165 shares during the period.

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.