China Construction Bank Corp. (OTCMKTS:CICHY) Stock Short Interest Report for October

China Construction Bank Corp. (OTCMKTS:CICHY) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 25,531 shares, a decrease of 53.7% from the September 30th total of 55,121 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 106,320 shares, the days-to-cover ratio is currently 0.2 days.

China Construction Bank Stock Up 1.4%

Shares of CICHY stock traded up $0.37 during trading on Friday, hitting $26.11. The company had a trading volume of 91,960 shares, compared to its average volume of 72,900. The stock has a market capitalization of $341.52 billion, a price-to-earnings ratio of 7.02 and a beta of 0.10. China Construction Bank has a 52 week low of $18.62 and a 52 week high of $26.50. The stock’s 50-day moving average is $24.61 and its two-hundred day moving average is $22.21.

About China Construction Bank

China Construction Bank Corporation (OTCMKTS:CICHY) is a large Chinese commercial bank headquartered in Beijing. Originally established in 1954 as the People’s Construction Bank of China, it was created to support the financing of national construction and infrastructure projects. The bank adopted its current name in 1996 and has since developed into a full-service commercial banking institution.

CCB provides banking and financial services to corporate, government and individual customers.