Short Interest in China Construction Bank Co. (OTCMKTS:CICHF) Rises By 47.8%

China Construction Bank Co. (OTCMKTS:CICHF) saw a large growth in short interest during the month of August. As of August 15th, there was short interest totalling 26,356,800 shares, a growth of 47.8% from the July 31st total of 17,834,800 shares. Based on an average daily volume of 127,700 shares, the days-to-cover ratio is currently 206.4 days.

China Construction Bank Price Performance

Shares of OTCMKTS:CICHF remained flat at $0.72 during trading on Friday. 2,467 shares of the stock traded hands, compared to its average volume of 140,100. The company’s fifty day moving average is $0.70 and its 200-day moving average is $0.67. China Construction Bank has a 12 month low of $0.52 and a 12 month high of $0.78.

China Construction Bank Company Profile

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.