China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Sees Large Growth in Short Interest

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKYGet Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 20,100 shares, a growth of 1,727.3% from the December 15th total of 1,100 shares. Based on an average trading volume of 71,200 shares, the short-interest ratio is currently 0.3 days.

China Merchants Bank Stock Up 4.7 %

Shares of CIHKY opened at $25.60 on Wednesday. The company has a market capitalization of $129.13 billion, a PE ratio of 6.58 and a beta of 0.31. The stock’s 50-day moving average price is $24.20 and its two-hundred day moving average price is $23.01. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.25. China Merchants Bank has a 12 month low of $15.90 and a 12 month high of $31.17.

China Merchants Bank (OTCMKTS:CIHKYGet Free Report) last announced its earnings results on Tuesday, October 29th. The company reported $1.06 EPS for the quarter. The business had revenue of $11.05 billion for the quarter. China Merchants Bank had a return on equity of 13.43% and a net margin of 30.16%.

About China Merchants Bank

(Get Free Report)

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.

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