Grupo Cibest

CIB

Bancolombia Is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala. The Bank operates in nine segments: Banking Colombia, Banking El Salvador, Leasing, Trust, Investment, Brokerage, Off Shore, Pension and Insurance, and All other segments. Together with its subsidiaries, the Bank provides a range products and services, including savings and investment products, financing, mortgage banking, factoring, financial and operating leases, treasury, comprehensive cash management, foreign currency, insurance, brokerage services, investment banking, asset management and trust services. As of December 31, 2018, the Bank's consolidated branch network consisted of 1041 offices.

Grupo Cibest has been a target of short sellers for a while. The current short interest of 0.59% is roughly at the average of the last 12 months (0.88%).