Commerzbank AG (OTCMKTS:CRZBY) Short Interest Update

Commerzbank AG (OTCMKTS:CRZBY - Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 31st, there was short interest totalling 29,900 shares, an increase of 99.3% from the May 15th total of 15,000 shares. Approximately 0.0% of the company's shares are sold short. Based on an average trading volume of 57,800 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Commerzbank

An institutional investor recently raised its position in Commerzbank stock. GAMMA Investing LLC increased its position in Commerzbank AG (OTCMKTS:CRZBY - Free Report) by 5,022.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,757 shares of the financial services provider's stock after buying an additional 92,907 shares during the period. GAMMA Investing LLC's holdings in Commerzbank were worth $2,160,000 at the end of the most recent reporting period.

Commerzbank Price Performance

Shares of CRZBY traded down $0.19 during trading hours on Friday, hitting $32.34. The stock had a trading volume of 12,969 shares, compared to its average volume of 37,495. The firm has a 50 day simple moving average of $28.38 and a 200-day simple moving average of $22.74. The firm has a market capitalization of $38.31 billion, a P/E ratio of 16.93 and a beta of 0.73. Commerzbank has a 1-year low of $13.28 and a 1-year high of $32.60.

Commerzbank (OTCMKTS:CRZBY - Get Free Report) last issued its earnings results on Friday, May 9th. The financial services provider reported $0.77 EPS for the quarter, beating the consensus estimate of $0.76 by $0.01. The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $2.96 billion. Commerzbank had a return on equity of 6.33% and a net margin of 8.55%. Equities analysts predict that Commerzbank will post 1.96 EPS for the current fiscal year.

Commerzbank Increases Dividend

The company also recently announced a dividend, which was paid on Friday, May 30th. Stockholders of record on Tuesday, May 20th were paid a $0.5056 dividend. The ex-dividend date of this dividend was Monday, May 19th. This is an increase from Commerzbank's previous dividend of $0.26. This represents a dividend yield of 1.75%. Commerzbank's dividend payout ratio (DPR) is currently 21.79%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on CRZBY shares. Royal Bank of Canada reiterated a "sector perform" rating on shares of Commerzbank in a report on Monday, May 12th. Morgan Stanley reiterated an "overweight" rating on shares of Commerzbank in a report on Monday, May 19th. Citigroup reiterated a "neutral" rating on shares of Commerzbank in a report on Thursday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Commerzbank in a report on Thursday, April 24th.

About Commerzbank

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.