Short Interest in China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Grows By 1,727.3%

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 20,100 shares, an increase of 1,727.3% from the December 15th total of 1,100 shares. Based on an average daily volume of 71,200 shares, the short-interest ratio is presently 0.3 days.

China Merchants Bank Stock Down 1.9 %

Shares of China Merchants Bank stock traded down $0.47 on Monday, reaching $24.14. 37,507 shares of the company were exchanged, compared to its average volume of 54,851. China Merchants Bank has a one year low of $15.90 and a one year high of $31.17. The company has a market capitalization of $121.76 billion, a price-to-earnings ratio of 6.21 and a beta of 0.31. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average of $24.21 and a 200 day moving average of $22.97.

China Merchants Bank (OTCMKTS:CIHKY) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $1.06 earnings per share (EPS) for the quarter. China Merchants Bank had a return on equity of 13.43% and a net margin of 30.16%. The company had revenue of $11.05 billion for the quarter.

China Merchants Bank Company Profile

China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.