Short Interest in China CITIC Bank Co. Limited (OTCMKTS:CHCJY) Drops By 20.0%

China CITIC Bank Co. Limited (OTCMKTS:CHCJY) was the target of a large decrease in short interest in December. As of December 31st, there was short interest totalling 400 shares, a decrease of 20.0% from the December 15th total of 500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4.0 days.

China CITIC Bank Stock Down 11.3 %

OTCMKTS:CHCJY traded down $1.52 during trading hours on Thursday, hitting $11.98. The stock had a trading volume of 122 shares, compared to its average volume of 87. The company has a 50 day simple moving average of $12.50 and a two-hundred day simple moving average of $12.42. China CITIC Bank has a one year low of $9.08 and a one year high of $14.27.

China CITIC Bank (OTCMKTS:CHCJY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.75 earnings per share (EPS) for the quarter. The business had revenue of $7.43 billion for the quarter.

China CITIC Bank Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, January 30th. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.5105 per share. The ex-dividend date of this dividend is Thursday, December 12th.

China CITIC Bank Company Profile

China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services.