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

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw a significant decline in short interest during the month of 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 days-to-cover ratio is currently 0.1 days.

China Merchants Bank Price Performance

Shares of CIHKY stock traded up $0.10 on Friday, reaching $22.54. 7,472 shares of the stock were exchanged, compared to its average volume of 30,184. The stock has a 50 day moving average price of $22.74 and a 200 day moving average price of $19.97. The stock has a market cap of $113.69 billion, a PE ratio of 5.76 and a beta of 0.37. China Merchants Bank has a one year low of $15.57 and a one year high of $25.55.

China Merchants Bank (OTCMKTS:CIHKY) last released its quarterly earnings data on Monday, April 29th. The company reported $1.05 EPS for the quarter. China Merchants Bank had a return on equity of 14.92% and a net margin of 29.99%. 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.