China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Up 913.3% in November

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 15,200 shares, an increase of 913.3% from the October 31st total of 1,500 shares. Based on an average daily volume of 57,200 shares, the short-interest ratio is presently 0.3 days.

China Merchants Bank Price Performance

Shares of CIHKY stock opened at $22.75 on Thursday. The stock has a 50 day moving average price of $24.59 and a 200 day moving average price of $22.64. China Merchants Bank has a 52-week low of $15.57 and a 52-week high of $31.17. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market capitalization of $114.75 billion, a P/E ratio of 5.85 and a beta of 0.36.

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

About China Merchants Bank

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.