China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF – Get Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totalling 11,479,300 shares, an increase of 44.5% from the July 15th total of 7,942,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.
China Minsheng Banking Price Performance
Shares of OTCMKTS:CGMBF remained flat at $0.33 during midday trading on Wednesday. China Minsheng Banking has a twelve month low of $0.33 and a twelve month high of $0.36. The company’s 50 day simple moving average is $0.35 and its 200 day simple moving average is $0.33.
About China Minsheng Banking
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