China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY) Short Interest Down 80.0% in November

China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 100 shares, a decrease of 80.0% from the October 31st total of 500 shares. Based on an average daily volume of 2,000 shares, the days-to-cover ratio is presently 0.1 days.

China Minsheng Banking Stock Performance

Shares of China Minsheng Banking stock remained flat at $3.88 on Friday. The stock had a trading volume of 21 shares, compared to its average volume of 1,029. China Minsheng Banking has a fifty-two week low of $3.15 and a fifty-two week high of $4.69. The stock has a market capitalization of $16.97 billion, a price-to-earnings ratio of 4.26 and a beta of 0.25. The stock has a fifty day moving average price of $3.99 and a 200-day moving average price of $3.69.

China Minsheng Banking (OTCMKTS:CMAKY) last issued its earnings results on Thursday, August 29th. The company reported $0.17 earnings per share for the quarter. China Minsheng Banking had a return on equity of 5.47% and a net margin of 11.39%. The firm had revenue of $5.03 billion for the quarter.

China Minsheng Banking Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 17th. Investors of record on Wednesday, October 30th will be issued a $0.1278 dividend. The ex-dividend date is Wednesday, October 30th. China Minsheng Banking’s dividend payout ratio (DPR) is presently 28.57%.

About China Minsheng Banking

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.