China CITIC Bank Co. Limited (OTCMKTS:CHCJY) Short Interest Update

China CITIC Bank Co. Limited (OTCMKTS:CHCJY) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totalling 500 shares, a decrease of 28.6% from the November 30th total of 700 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 1.7 days.

China CITIC Bank Stock Performance

Shares of China CITIC Bank stock traded down $0.27 during midday trading on Monday, hitting $12.23. The company had a trading volume of 114 shares, compared to its average volume of 764. The stock has a market cap of $29.92 billion, a PE ratio of 3.82 and a beta of 0.07. China CITIC Bank has a 1-year low of $9.07 and a 1-year high of $14.02. The business’s 50 day simple moving average is $12.44 and its two-hundred day simple moving average is $12.38. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.87 and a quick ratio of 0.87.

China CITIC Bank (OTCMKTS:CHCJY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.75 earnings per share (EPS) for the quarter. China CITIC Bank had a net margin of 17.31% and a return on equity of 8.82%. The company had revenue of $7.43 billion for the quarter.

China CITIC Bank Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, January 30th. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.5105 per share. The ex-dividend date is Thursday, December 12th.

About China CITIC Bank

China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services.