As of Apr 20, 2018 Bancolombia S.A. (NYSE:CIB) Shorts Declined By 16.66%

April 20, 2018 - By Robert Judd

Bancolombia S.A. (NYSE:CIB) Corporate Logo

Bancolombia S.A. (NYSE:CIB) had a decrease of its shorted shares by 16.66%. In April was published CIB’s total 627,700 shorted shares by FINRA. Previously was reported down change of 16.66% from 753,200 shares. With Average volume 433,500, CIB’s former position will take 1 days to restore. Bancolombia S.A. float short is 0.38%.

CIB touched $49.83 during the last trading session after $0.11 change.Currently Bancolombia S.A. is uptrending after 6.47% change in last April 20, 2017. CIB has also 18,069 shares volume. The stock underperformed the S&P500 by 5.08%.

Bancolombia S.A. provides various banking services and products to individual, corporate, and government clients throughout Colombia, Latin America, and the Caribbean region.The company has $47.93 billion market cap. The firm operates through nine divisions: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, Off Shore, and All Other.13.48 is the P/E ratio. It offers checking and savings accounts, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, overdrafts, and financing for industrial projects; mortgage banking and factoring services; and financial and operating leasing services.

Bancolombia S.A. (NYSE:CIB) Ratings Coverage

In total 5 analysts cover Bancolombia S.A. (NYSE:CIB). “Buy” rating has 1, “Sell” are 1, while 3 are “Hold”. 20% are bullish. 5 are the (NYSE:CIB)’s analyst reports since October 27, 2017 according to StockzIntelligence Inc. In Friday, March 16 report JP Morgan maintained the stock with “Neutral” rating. On Tuesday, January 9 the stock of Bancolombia S.A. (NYSE:CIB) earned “Sell” rating by Citigroup. The company rating was upgraded by Standpoint Research on Wednesday, March 7. On Friday, October 27 Deutsche Bank downgraded Bancolombia S.A. (NYSE:CIB) rating. Deutsche Bank has “Hold” rating and $45 target.

Bancolombia S.A. (NYSE:CIB) Analyst Ratings Chart

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