China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Up 1,727.3% in December

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totalling 20,100 shares, a growth of 1,727.3% from the December 15th total of 1,100 shares. Based on an average daily trading volume, of 71,200 shares, the days-to-cover ratio is presently 0.3 days.

China Merchants Bank Stock Performance

CIHKY opened at $25.60 on Wednesday. The firm has a market cap of $129.13 billion, a P/E ratio of 6.58 and a beta of 0.31. The business’s fifty day moving average is $24.20 and its 200-day moving average is $23.01. China Merchants Bank has a 52-week low of $15.90 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.

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

China Merchants Bank Company Profile

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.