China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Sees Large Increase in Short Interest

( ) has seen a significant increase in short-term interest during the month of April. On April 30, there were 38,500 short shares. This is a 24.6% increase from the total of 30900 shares on April 15. The short-interest rate is currently 0.6 days based on an average daily share volume of 68.400.

Analyst Upgrades and downgrades

Trading on Friday saw a decline of $0.81, bringing the price to $24.90. Stock of the company traded at 21,285 shares compared to 42,831 average. China Merchants Bank's 52-week low is $16.04 while its 52-week high is $33.99. The debt-to equity ratio is 0.26. There are also quick ratios of 0.88, and current ratios of 0.88. The company's fifty-day simple moving is $25.39, and its two hundred day simple moving is $26.14. The company's market capitalization is $125.59 Billion, with a PE of 6.35. Its beta value is 0.57.

China Merchants Bank Company profile

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China Merchants Bank Co. Ltd., along with its subsidiaries, offers a variety of banking products and services. The company operates in three segments: Wholesale Finance Business (WFB), Retail Finance Business (RFB), and Other Business. The company provides current, demand and time accounts, as well as notice, savings, renminbi, notice, renminbi, and call accounts. The company offers a variety of loan products, including loans for commercial real estate, car, housing and consumption; loans for financing study abroad; loans for micro-businesses; and mortgage loans for equipment.

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