China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY – Get Free Report) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totalling 20,100 shares, a growth of 1,727.3% from the December 31st total of 1,100 shares. Based on an average daily volume of 71,200 shares, the short-interest ratio is currently 0.3 days.
China Merchants Bank Trading Down 1.1 %
CIHKY opened at $27.44 on Wednesday. The stock has a market capitalization of $138.42 billion, a P/E ratio of 7.05 and a beta of 0.31. China Merchants Bank has a 12-month low of $17.21 and a 12-month high of $31.17. The stock has a 50-day moving average price of $24.67 and a 200-day moving average price of $23.33.
China Merchants Bank (OTCMKTS:CIHKY – Get Free Report) last released its quarterly earnings data on Tuesday, October 29th. The company reported $1.06 EPS for the quarter. The firm 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.
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