Short Interest in China Construction Bank Co. (OTCMKTS:CICHY) Expands By 67.0%

China Construction Bank Co. (OTCMKTS:CICHY) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 59,300 shares, a growth of 67.0% from the November 30th total of 35,500 shares. Based on an average daily volume of 171,500 shares, the days-to-cover ratio is currently 0.3 days.

China Construction Bank Stock Performance

Shares of OTCMKTS:CICHY traded down $0.05 during midday trading on Friday, reaching $16.62. 30,103 shares of the company’s stock traded hands, compared to its average volume of 86,239. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.87 and a current ratio of 0.89. China Construction Bank has a one year low of $11.01 and a one year high of $16.96. The company has a market cap of $207.76 billion, a price-to-earnings ratio of 4.58 and a beta of 0.09. The stock has a 50 day moving average of $15.66 and a 200 day moving average of $14.86.

China Construction Bank Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 3rd will be given a $0.4178 dividend. The ex-dividend date of this dividend is Friday, January 3rd. China Construction Bank’s dividend payout ratio (DPR) is presently 22.87%.

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.