China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF – Get Free Report) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 10,665,400 shares, an increase of 53.2% from the October 15th total of 6,963,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 106,654.0 days.
China Minsheng Banking Stock Performance
OTCMKTS:CGMBF opened at $0.33 on Friday. China Minsheng Banking has a twelve month low of $0.33 and a twelve month high of $0.36. The company has a fifty day moving average of $0.33 and a 200-day moving average of $0.34.
China Minsheng Banking (OTCMKTS:CGMBF – Get Free Report) last announced its quarterly earnings data on Thursday, August 29th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $4.16 billion for the quarter.
About China Minsheng Banking
China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People’s Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.
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