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Short Interest in Bancolombia S.A. (NYSE:CIB) Declines By 6.1%

Bancolombia S.A. (NYSE:CIB – Get Free Report) saw a significant drop in short interest in November. As of November 15th, there was short interest totalling 707,800 shares, a drop of 6.1% from the October 31st total of 753,500 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily […]

How is the Ban on Debit Card Usage in Foreign Currency Affecting Egyptian Startups?

“If I cannot pay for these infrastructural services from my own Egyptian bank, then I can't really operate in Egypt. So I might as well just look for an environment where I can actually use my money however I please.” This is what Ramy Kandil, a 33-year-old Egyptian entrepreneur had to say about the recent

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