China Construction Bank Co. (OTCMKTS:CICHF) Short Interest Down 20.6% in December

China Construction Bank Co. (OTCMKTS:CICHF) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 62,123,100 shares, a decline of 20.6% from the December 15th total of 78,244,800 shares. Based on an average trading volume of 450,100 shares, the days-to-cover ratio is currently 138.0 days.

China Construction Bank Stock Performance

Shares of OTCMKTS CICHF traded up $0.02 during midday trading on Thursday, reaching $0.76. 6,040 shares of the company were exchanged, compared to its average volume of 46,380. The stock’s 50-day moving average price is $0.78 and its 200-day moving average price is $0.74. China Construction Bank has a one year low of $0.54 and a one year high of $0.86.

China Construction Bank Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, January 27th. Investors of record on Friday, January 3rd will be given a dividend of $0.197 per share. The ex-dividend date is Thursday, January 2nd. China Construction Bank’s dividend payout ratio is currently 32.95%.

About China Construction Bank

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.