Short Interest in China Construction Bank Co. (OTCMKTS:CICHF) Drops By 12.6%

China Construction Bank Co. (OTCMKTS:CICHF) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totalling 23,900,300 shares, a decrease of 12.6% from the June 30th total of 27,336,000 shares. Based on an average daily volume of 539,600 shares, the short-interest ratio is currently 44.3 days.

China Construction Bank Price Performance

China Construction Bank stock remained flat at $0.66 during mid-day trading on Wednesday. China Construction Bank has a 52-week low of $0.50 and a 52-week high of $0.78. The business has a fifty day moving average price of $0.71 and a 200 day moving average price of $0.66.

About China Construction Bank

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.