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

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 18,500 shares, a growth of 65.2% from the February 13th total of 11,200 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 53,600 shares, the short-interest ratio is currently 0.3 days.

China Merchants Bank Stock Performance

CIHKY traded up $0.80 during midday trading on Friday, reaching $32.30. The company’s stock had a trading volume of 18,621 shares, compared to its average volume of 36,834. China Merchants Bank has a twelve month low of $18.20 and a twelve month high of $32.83. The stock has a market cap of $162.92 billion, a P/E ratio of 8.30 and a beta of 0.30. The company has a fifty day simple moving average of $27.86 and a 200 day simple moving average of $25.12. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21.

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.