Short Interest in China Construction Bank Co. (OTCMKTS:CICHF) Drops By 33.4%

China Construction Bank Co. (OTCMKTS:CICHF) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 17,564,300 shares, a decline of 33.4% from the August 15th total of 26,356,800 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is currently 2,702.2 days.

China Construction Bank Stock Performance

CICHF traded down $0.00 on Friday, reaching $0.70. The company’s stock had a trading volume of 547,796 shares, compared to its average volume of 136,799. The stock has a 50 day moving average of $0.69 and a two-hundred day moving average of $0.68. China Construction Bank has a fifty-two week low of $0.53 and a fifty-two week high of $0.78.

China Construction Bank Company Profile

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.