Short Interest in China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) Expands By 44.5%

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 11,479,300 shares, an increase of 44.5% from the July 15th total of 7,942,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

China Minsheng Banking Stock Performance

Shares of OTCMKTS CGMBF remained flat at $0.33 during midday trading on Thursday. China Minsheng Banking has a 12-month low of $0.33 and a 12-month high of $0.36. The company has a 50 day moving average price of $0.35 and a 200 day moving average price of $0.33.

China Minsheng Banking Company Profile

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.