Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Short Interest Update

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 39,900 shares, an increase of 27.1% from the December 15th total of 31,400 shares. Based on an average daily trading volume, of 86,300 shares, the days-to-cover ratio is currently 0.5 days.

Industrial and Commercial Bank of China Stock Performance

OTCMKTS IDCBY traded down $0.08 during mid-day trading on Friday, hitting $12.67. The company’s stock had a trading volume of 47,979 shares, compared to its average volume of 37,866. The company’s 50 day simple moving average is $12.40 and its 200 day simple moving average is $11.87. Industrial and Commercial Bank of China has a twelve month low of $9.00 and a twelve month high of $13.60.

Industrial and Commercial Bank of China (OTCMKTS:IDCBY) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.70 earnings per share (EPS) for the quarter. The business had revenue of $27.53 billion during the quarter.

Industrial and Commercial Bank of China Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 3rd will be paid a dividend of $0.3018 per share. The ex-dividend date is Friday, January 3rd.

About Industrial and Commercial Bank of China

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.