Short Interest in China Construction Bank Co. (OTCMKTS:CICHY) Drops By 34.4%

China Construction Bank Co. (OTCMKTS:CICHY) was the recipient of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 15,800 shares, a decrease of 34.4% from the August 15th total of 24,100 shares. Based on an average trading volume of 196,000 shares, the short-interest ratio is currently 0.1 days.

China Construction Bank Stock Performance

China Construction Bank stock traded up $0.22 during midday trading on Friday, reaching $13.87. The company’s stock had a trading volume of 55,848 shares, compared to its average volume of 85,012. China Construction Bank has a fifty-two week low of $10.76 and a fifty-two week high of $15.29. The firm has a market capitalization of $173.38 billion, a PE ratio of 3.71 and a beta of 0.10. The stock’s 50 day simple moving average is $14.02 and its 200 day simple moving average is $13.60.

China Construction Bank Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, August 19th. Investors of record on Friday, July 5th were paid a $0.9227 dividend. The ex-dividend date was Friday, July 5th.

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.