China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Update

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

China Merchants Bank Stock Up 3.2 %

Shares of CIHKY stock traded up $0.71 during trading hours on Friday, hitting $22.75. 30,499 shares of the company’s stock traded hands, compared to its average volume of 38,637. China Merchants Bank has a 12-month low of $15.57 and a 12-month high of $31.17. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.25. The stock has a market cap of $114.75 billion, a price-to-earnings ratio of 5.85 and a beta of 0.36. The stock’s fifty day simple moving average is $24.65 and its two-hundred day simple moving average is $22.64.

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

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.