China Everbright Bank Company Limited (OTCMKTS:CEBCF) Sees Large Decline in Short Interest

China Everbright Bank Company Limited (OTCMKTS:CEBCF) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 2,073,035 shares, a decrease of 41.6% from the July 15th total of 3,551,035 shares. Based on an average daily volume of 94 shares, the days-to-cover ratio is presently 22,053.6 days.

China Everbright Bank Price Performance

OTCMKTS CEBCF remained flat at $0.41 on Wednesday. China Everbright Bank has a 1-year low of $0.36 and a 1-year high of $0.50. The company has a fifty day moving average of $0.41 and a 200-day moving average of $0.42.

China Everbright Bank Company Profile

China Everbright Bank Company Limited provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Seoul, and Sydney. It offers notice, RMB general and intelligent agreement, structured, and other deposits; working capital, fixed asset, project financing, syndicated, entrusted, and other loans; personal loans; E-grain, E-mortgage, and E-catering loans; overdraft facilities; and credit and debit cards.