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

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the recipient of a significant growth in short interest in November. As of November 15th, there was short interest totalling 15,200 shares, a growth of 913.3% from the October 31st total of 1,500 shares. Based on an average daily volume of 57,200 shares, the short-interest ratio is currently 0.3 days.

China Merchants Bank Stock Down 1.6 %

Shares of China Merchants Bank stock traded down $0.35 on Wednesday, hitting $22.04. 42,393 shares of the company traded hands, compared to its average volume of 37,977. The company has a 50-day moving average price of $24.51 and a 200 day moving average price of $22.64. The company has a market cap of $111.17 billion, a PE ratio of 5.67 and a beta of 0.36. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.25. China Merchants Bank has a 12-month low of $15.57 and a 12-month high of $31.17.

China Merchants Bank (OTCMKTS:CIHKY) last released its quarterly earnings results on Tuesday, October 29th. The company reported $1.06 EPS for the quarter. China Merchants Bank had a net margin of 30.16% and a return on equity of 13.43%. The business had revenue of $11.05 billion for the quarter.

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.