Short Interest in Citizens Bancshares Corp. (OTCMKTS:CZBS) Rises By 66.7%

Key Points

• Short interest in Citizens Bancshares Corp. increased by 66.7% in September, reaching a total of 500 shares as of the 30th.
• The short-interest ratio is currently at 0.1 days based on an average daily volume of 5,100 shares.
• Citizens Bancshares' stock opened at $44.60, with a 12-month low of $41.51 and a high of $63.00.

Citizens Bancshares Corp. (OTCMKTS:CZBS - ) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 500 shares, a growth of 66.7% from the September 15th total of 300 shares. Based on an average daily volume of 5,100 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 5,100 shares, the short-interest ratio is currently 0.1 days.

Citizens Bancshares Price Performance

Shares of CZBS stock opened at $44.60 on Wednesday. The business's 50-day moving average price is $46.15 and its 200-day moving average price is $46.83. Citizens Bancshares has a 12 month low of $41.51 and a 12 month high of $63.00.

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.

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