ICICI Bank Limited (NYSE:IBN – Get Free Report) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 29,540,000 shares, a growth of 11.7% from the July 15th total of 26,450,000 shares. Based on an average daily volume of 5,190,000 shares, the short-interest ratio is presently 5.7 days.
ICICI Bank Stock Performance
NYSE:IBN traded down $0.13 on Monday, hitting $28.06. The company’s stock had a trading volume of 454,838 shares, compared to its average volume of 5,514,750. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.72. The stock has a fifty day moving average of $28.31 and a two-hundred day moving average of $26.89. The firm has a market capitalization of $98.71 billion, a P/E ratio of 20.28, a price-to-earnings-growth ratio of 2.32 and a beta of 1.04. ICICI Bank has a one year low of $21.89 and a one year high of $29.66.
ICICI Bank Increases Dividend
The firm also recently disclosed an annual dividend, which was paid on Monday, August 12th. Shareholders of record on Friday, January 1st were paid a $0.2028 dividend. This is a positive change from ICICI Bank’s previous annual dividend of $0.11. The ex-dividend date was Monday, August 12th. This represents a yield of 0.4%. ICICI Bank’s dividend payout ratio is currently 14.39%.
Institutional Trading of ICICI Bank
About ICICI Bank
ICICI Bank Limited provides various banking products and services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and time, fixed, recurring, and security deposits services.
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