China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Update

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw a significant decline in short interest in June. As of June 15th, there was short interest totalling 4,900 shares, a decline of 26.9% from the May 31st total of 6,700 shares. Based on an average trading volume of 48,400 shares, the short-interest ratio is presently 0.1 days.

China Merchants Bank Stock Up 0.4 %

OTCMKTS:CIHKY traded up $0.10 during midday trading on Friday, hitting $22.54. The company had a trading volume of 7,472 shares, compared to its average volume of 30,184. China Merchants Bank has a 52-week low of $15.57 and a 52-week high of $25.55. The stock’s fifty day moving average price is $22.74 and its 200-day moving average price is $19.97. The company has a market capitalization of $113.69 billion, a PE ratio of 5.76 and a beta of 0.37.

China Merchants Bank (OTCMKTS:CIHKY) last posted its quarterly earnings results on Monday, April 29th. The company reported $1.05 earnings per share (EPS) for the quarter. China Merchants Bank had a net margin of 29.99% and a return on equity of 14.92%. The business had revenue of $10.38 billion during the quarter.

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.