Short Interest in China Construction Bank Co. (OTCMKTS:CICHY) Decreases By 60.4%

China Construction Bank Co. (OTCMKTS:CICHY) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totalling 23,500 shares, a drop of 60.4% from the December 15th total of 59,300 shares. Based on an average daily volume of 114,400 shares, the days-to-cover ratio is presently 0.2 days.

China Construction Bank Stock Up 0.1 %

Shares of OTCMKTS CICHY traded up $0.02 during midday trading on Tuesday, reaching $15.05. 47,519 shares of the company’s stock were exchanged, compared to its average volume of 81,074. China Construction Bank has a 52-week low of $11.01 and a 52-week high of $16.96. The stock has a market capitalization of $188.15 billion, a PE ratio of 4.15 and a beta of 0.06. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.87 and a current ratio of 0.89. The business’s fifty day moving average price is $15.69 and its two-hundred day moving average price is $14.96.

China Construction Bank Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Friday, January 3rd will be given a dividend of $0.4178 per share. The ex-dividend date of this dividend is Friday, January 3rd. China Construction Bank’s payout ratio is 22.87%.

About China Construction Bank

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.