China Construction Bank Co. (OTCMKTS:CICHF) Sees Large Drop in Short Interest

China Construction Bank Co. (OTCMKTS:CICHF) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 62,123,100 shares, a decline of 20.6% from the December 15th total of 78,244,800 shares. Based on an average daily volume of 450,100 shares, the short-interest ratio is currently 138.0 days.

China Construction Bank Stock Down 1.2 %

Shares of CICHF traded down $0.01 during mid-day trading on Friday, hitting $0.75. The company’s stock had a trading volume of 29,092 shares, compared to its average volume of 44,455. China Construction Bank has a 1-year low of $0.54 and a 1-year high of $0.86. The firm has a 50-day simple moving average of $0.78 and a 200 day simple moving average of $0.74.

China Construction Bank Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, January 3rd will be given a dividend of $0.197 per share. The ex-dividend date of this dividend is Thursday, January 2nd. China Construction Bank’s dividend payout ratio (DPR) is presently 32.95%.

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.