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

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 3,400 shares, a decline of 77.6% from the November 15th total of 15,200 shares. Based on an average daily trading volume, of 100,300 shares, the days-to-cover ratio is presently 0.0 days.

China Merchants Bank Price Performance

Shares of CIHKY traded down $0.03 during midday trading on Wednesday, hitting $24.70. 64,123 shares of the company traded hands, compared to its average volume of 57,296. The stock has a 50-day moving average of $24.74 and a 200-day moving average of $22.58. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.86 and a quick ratio of 0.86. China Merchants Bank has a one year low of $15.57 and a one year high of $31.17. The firm has a market cap of $124.59 billion, a P/E ratio of 6.36 and a beta of 0.34.

China Merchants Bank (OTCMKTS:CIHKY) last posted its earnings results on Tuesday, October 29th. The company reported $1.06 earnings per share (EPS) for the quarter. China Merchants Bank had a net margin of 30.16% and a return on equity of 13.43%. The business had revenue of $11.05 billion for the quarter.

About China Merchants Bank

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.