China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Sees Significant Decline in Short Interest

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 3,400 shares, a decline of 77.6% from the November 15th total of 15,200 shares. Based on an average trading volume of 100,300 shares, the days-to-cover ratio is presently 0.0 days.

China Merchants Bank Stock Down 0.1 %

CIHKY stock traded down $0.03 during trading on Thursday, reaching $24.70. The stock had a trading volume of 64,313 shares, compared to its average volume of 57,297. The company has a market capitalization of $124.59 billion, a price-to-earnings ratio of 6.35 and a beta of 0.34. The company’s 50 day moving average is $24.67 and its two-hundred day moving average is $22.60. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.25. China Merchants Bank has a one year low of $15.57 and a one year high of $31.17.

China Merchants Bank (OTCMKTS:CIHKY) last posted its quarterly earnings results on Tuesday, October 29th. The company reported $1.06 earnings per share (EPS) 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.