China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totalling 100 shares, a decline of 95.7% from the July 15th total of 2,300 shares. Based on an average daily volume of 65,300 shares, the days-to-cover ratio is currently 0.0 days.
China Merchants Bank Price Performance
Shares of CIHKY stock traded up $0.11 during trading hours on Tuesday, hitting $20.80. The company had a trading volume of 15,597 shares, compared to its average volume of 58,897. China Merchants Bank has a fifty-two week low of $15.57 and a fifty-two week high of $25.55. The company’s fifty day moving average is $21.61 and its 200 day moving average is $20.97. The stock has a market capitalization of $106.06 billion, a PE ratio of 5.32 and a beta of 0.37.
About China Merchants Bank
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