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

China Construction Bank Co. (OTCMKTS:CICHY) was the target of a significant drop in short interest in February. As of February 15th, there was short interest totalling 4,200 shares, a drop of 90.3% from the January 31st total of 43,300 shares. Based on an average trading volume of 98,700 shares, the short-interest ratio is presently 0.0 days.

China Construction Bank Stock Performance

Shares of OTCMKTS:CICHY traded down $0.22 during midday trading on Friday, hitting $17.01. 43,786 shares of the stock were exchanged, compared to its average volume of 63,436. China Construction Bank has a 52-week low of $12.01 and a 52-week high of $17.95. The business’s fifty day simple moving average is $16.27 and its two-hundred day simple moving average is $15.49. The company has a market capitalization of $212.63 billion, a PE ratio of 4.69 and a beta of 0.05.

China Construction Bank Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 11th. Shareholders of record on Friday, January 3rd were issued a dividend of $0.4178 per share. The ex-dividend date of this dividend was Friday, January 3rd. China Construction Bank’s dividend payout ratio (DPR) is currently 23.14%.

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.