China Construction Bank Co. (OTCMKTS:CICHF – Get Free Report) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 39,675,900 shares, a drop of 37.8% from the February 28th total of 63,762,100 shares. Based on an average trading volume of 52,800 shares, the short-interest ratio is presently 751.4 days.
China Construction Bank Stock Performance
OTCMKTS CICHF remained flat at $0.88 on Friday. China Construction Bank has a 52-week low of $0.60 and a 52-week high of $0.91. The business’s fifty day moving average price is $0.84 and its 200-day moving average price is $0.79.
China Construction Bank Announces Dividend
The company also recently disclosed a dividend, which was paid on Monday, January 27th. Investors of record on Friday, January 3rd were issued a $0.197 dividend. The ex-dividend date of this dividend was Thursday, January 2nd. China Construction Bank’s dividend payout ratio is currently 32.95%.
China Construction Bank Company Profile
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.
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