China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) Short Interest Down 88.6% in December

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 1,516,114 shares, a decrease of 88.6% from the November 30th total of 13,243,614 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

China Minsheng Banking Stock Performance

CGMBF remained flat at $0.50 during trading on Wednesday. The business has a 50 day moving average price of $0.50 and a 200 day moving average price of $0.50. China Minsheng Banking has a 12-month low of $0.46 and a 12-month high of $0.58.

About China Minsheng Banking

China Minsheng Banking Corp., Limited (OTCMKTS:CGMBF) is a Beijing-based joint-stock commercial bank offering a broad spectrum of banking and financial services. Established in January 1996, it was the first nationwide bank in China primarily funded by non-state-owned enterprises. The bank’s core operations include corporate banking solutions such as working capital loans, trade finance and project financing, alongside personal banking services including deposits, consumer lending, wealth management and credit card offerings.

In addition to its commercial banking activities, China Minsheng Banking maintains a comprehensive financial markets division providing foreign exchange, fixed-income products, derivatives trading and investment advisory services.