China Vanke Co., Ltd. (OTCMKTS:CHVKF) Sees Large Decrease in Short Interest

China Vanke Co., Ltd. (OTCMKTS:CHVKF) saw a significant decline in short interest in November. As of November 15th, there was short interest totalling 3,673,500 shares, a decline of 29.8% from the October 31st total of 5,235,500 shares. Based on an average daily trading volume, of 3,500 shares, the short-interest ratio is presently 1,049.6 days.

China Vanke Price Performance

China Vanke stock remained flat at $0.99 during mid-day trading on Friday. The company’s stock had a trading volume of 20,000 shares, compared to its average volume of 10,305. China Vanke has a one year low of $0.48 and a one year high of $2.01. The firm’s 50-day moving average is $0.98 and its two-hundred day moving average is $0.74.

About China Vanke

China Vanke Co, Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. It operates through Property Development and Property Management segments. The company develops residential buildings, apartments, retail properties, and commercial offices.