China Minsheng (OTCMKTS:CMAKY) Short Interest Update

China Minsheng (OTCMKTS:CMAKY) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 495 shares, an increase of 54.2% from the December 15th total of 321 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 501 shares, the short-interest ratio is presently 1.0 days. Based on an average daily volume of 501 shares, the short-interest ratio is presently 1.0 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, Zacks Research raised China Minsheng from a “strong sell” rating to a “hold” rating in a research note on Friday, November 7th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

China Minsheng Trading Up 2.5%

Shares of China Minsheng stock opened at $4.69 on Friday. The company has a 50-day moving average of $5.13 and a two-hundred day moving average of $5.47. China Minsheng has a 12-month low of $3.73 and a 12-month high of $6.72. The stock has a market cap of $20.51 billion, a PE ratio of 5.32 and a beta of 0.26.

China Minsheng (OTCMKTS:CMAKY) last released its quarterly earnings results on Friday, October 31st. The company reported $0.20 earnings per share for the quarter. The business had revenue of $5.05 billion for the quarter. China Minsheng had a return on equity of 4.49% and a net margin of 11.27%.

About China Minsheng

China Minsheng Banking Corp., Ltd. (OTCMKTS: CMAKY) is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People’s Republic of China. The bank’s product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.

In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.