China Vanke Co., Ltd. (OTCMKTS:CHVKF) Sees Large Growth in Short Interest

China Vanke Co., Ltd. (OTCMKTS:CHVKF) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totalling 11,360,400 shares, a growth of 122.4% from the September 15th total of 5,108,900 shares. Based on an average daily volume of 3,700 shares, the short-interest ratio is currently 3,070.4 days.

China Vanke Stock Performance

Shares of CHVKF remained flat at $0.96 during trading hours on Friday. The stock had a trading volume of 6,189 shares, compared to its average volume of 10,549. The company’s 50 day simple moving average is $0.67 and its 200 day simple moving average is $0.66. China Vanke has a 52 week low of $0.48 and a 52 week high of $2.01.

China Vanke Company Profile

China Vanke Co, Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. It operates through Property Development and Property Management segments. The company develops residential buildings, apartments, retail properties, and commercial offices.