China Construction Bank Co. (OTCMKTS:CICHY) Sees Large Increase in Short Interest

China Construction Bank Co. (OTCMKTS:CICHY) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 8,400 shares, a growth of 82.6% from the September 30th total of 4,600 shares. Based on an average trading volume of 426,900 shares, the days-to-cover ratio is presently 0.0 days.

China Construction Bank Price Performance

Shares of China Construction Bank stock traded down $0.21 on Friday, hitting $15.44. 93,060 shares of the company’s stock traded hands, compared to its average volume of 90,491. The company has a fifty day moving average of $14.79 and a two-hundred day moving average of $14.22. China Construction Bank has a one year low of $11.01 and a one year high of $16.45. The company has a market capitalization of $193.01 billion, a price-to-earnings ratio of 4.31 and a beta of 0.11.

China Construction Bank (OTCMKTS:CICHY) last posted its quarterly earnings results on Monday, September 2nd. The company reported $0.86 earnings per share (EPS) for the quarter. The business had revenue of $24.80 billion for the quarter.

China Construction Bank Company Profile

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.