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

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw a significant decrease in short interest in November. As of November 30th, there was short interest totalling 3,400 shares, a decrease of 77.6% from the November 15th total of 15,200 shares. Based on an average trading volume of 100,300 shares, the days-to-cover ratio is currently 0.0 days.

China Merchants Bank Trading Down 0.1 %

Shares of OTCMKTS:CIHKY traded down $0.03 on Wednesday, hitting $24.70. The company had a trading volume of 64,123 shares, compared to its average volume of 57,296. The firm’s 50-day simple moving average is $24.74 and its two-hundred day simple moving average is $22.58. The firm has a market capitalization of $124.59 billion, a price-to-earnings ratio of 6.36 and a beta of 0.34. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.25. China Merchants Bank has a 1 year low of $15.57 and a 1 year high of $31.17.

China Merchants Bank (OTCMKTS:CIHKY) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $1.06 earnings per share for the quarter. China Merchants Bank had a return on equity of 13.43% and a net margin of 30.16%. The business had revenue of $11.05 billion for the quarter.

About China Merchants Bank

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.