China CITIC Bank Co. Limited (OTCMKTS:CHCJY – Get Free Report) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 100 shares, a decrease of 66.7% from the August 15th total of 300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 1.0 days.
China CITIC Bank Price Performance
OTCMKTS CHCJY remained flat at $11.67 during trading hours on Friday. The business has a fifty day simple moving average of $11.87 and a 200 day simple moving average of $11.47. China CITIC Bank has a 1 year low of $8.63 and a 1 year high of $13.64. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.87 and a current ratio of 0.87.
China CITIC Bank Cuts Dividend
The business also recently announced a dividend, which was paid on Thursday, August 15th. Shareholders of record on Friday, July 5th were given a $0.8323 dividend. The ex-dividend date was Friday, July 5th. China CITIC Bank’s payout ratio is currently 23.55%.
About China CITIC Bank
China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services.
Further Reading
- Five stocks we like better than China CITIC Bank
- How to Calculate Inflation Rate
- Can Celsius Stock Rebound? Analysts See 74% Upside Potential
- What is the S&P/TSX Index?
- Kroger Stock is a Win-Win for Buy-and-Hold Investors
- Election Stocks: How Elections Affect the Stock Market
- MarketBeat Week in Review – 9/9 – 9/13
Receive News & Ratings for China CITIC Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China CITIC Bank and related companies with MarketBeat.com's FREE daily email newsletter.