Short Interest in China Construction Bank Co. (OTCMKTS:CICHF) Increases By 7.2%

China Construction Bank Co. (OTCMKTS:CICHF) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 63,267,700 shares, a growth of 7.2% from the September 30th total of 58,995,800 shares. Based on an average daily trading volume, of 65,400 shares, the days-to-cover ratio is presently 967.4 days.

China Construction Bank Stock Performance

CICHF stock opened at $0.75 on Friday. The firm has a 50 day simple moving average of $0.74 and a 200 day simple moving average of $0.71. China Construction Bank has a 52 week low of $0.54 and a 52 week high of $0.83.

About China Construction Bank

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.