Short Interest in China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Drops By 95.7%

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totalling 100 shares, a decrease of 95.7% from the July 15th total of 2,300 shares. Based on an average daily volume of 65,300 shares, the days-to-cover ratio is currently 0.0 days.

China Merchants Bank Trading Up 0.5 %

OTCMKTS CIHKY traded up $0.11 during trading on Monday, hitting $20.80. The company had a trading volume of 15,597 shares, compared to its average volume of 58,897. China Merchants Bank has a one year low of $15.57 and a one year high of $25.55. The company has a market cap of $106.06 billion, a price-to-earnings ratio of 5.29 and a beta of 0.37. The company’s fifty day moving average is $21.64 and its 200-day moving average is $20.95.

China Merchants Bank Company Profile

China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.