China Merchants Bank Co. (OTCMKTS:CIHKY) Short Interest Up 45.2% in October

China Merchants Bank Co. (OTCMKTS:CIHKYGet Free Report) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 4,500 shares, a growth of 45.2% from the September 30th total of 3,100 shares. Based on an average daily volume of 75,200 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 75,200 shares, the short-interest ratio is currently 0.1 days.

China Merchants Bank Trading Up 1.4%

OTCMKTS CIHKY opened at $31.81 on Tuesday. The stock’s 50-day simple moving average is $30.68 and its two-hundred day simple moving average is $31.44. China Merchants Bank has a twelve month low of $21.91 and a twelve month high of $37.15. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $160.45 billion, a price-to-earnings ratio of 8.07 and a beta of 0.34.

China Merchants Bank (OTCMKTS:CIHKYGet Free Report) last released its quarterly earnings data on Wednesday, October 29th. The company reported $1.08 EPS for the quarter. The firm had revenue of $10.96 billion for the quarter. China Merchants Bank had a return on equity of 12.28% and a net margin of 32.06%.

China Merchants Bank Company Profile

(Get Free Report)

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.

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