China Construction Bank Co. (OTCMKTS:CICHF) Short Interest Update

China Construction Bank Co. (OTCMKTS:CICHF) saw a significant drop in short interest in February. As of February 13th, there was short interest totaling 6,936,222 shares, a drop of 14.5% from the January 29th total of 8,112,466 shares. Based on an average daily trading volume, of 142,836 shares, the short-interest ratio is presently 48.6 days. Based on an average daily trading volume, of 142,836 shares, the short-interest ratio is presently 48.6 days.

China Construction Bank Trading Up 3.0%

Shares of China Construction Bank stock opened at $1.02 on Wednesday. China Construction Bank has a 12 month low of $0.76 and a 12 month high of $1.31. The business’s 50-day moving average price is $0.99 and its 200-day moving average price is $0.99.

China Construction Bank Company Profile

China Construction Bank Corporation (OTCMKTS:CICHF) is one of the largest commercial banks in China, offering a comprehensive range of financial products and services. Its core business activities include corporate banking, personal banking, and treasury operations. The bank provides lending solutions, deposit accounts, trade financing, cash management, and foreign exchange services to meet the needs of governments, state-owned enterprises, multinational corporations, small and medium-sized enterprises, and individual customers.

Founded in 1954 and restructured as a joint-stock commercial bank in 1996, China Construction Bank has grown into a key player in China’s banking sector, ranking among the country’s “Big Four” state-owned banks.