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

China Vanke Co., Ltd. (OTCMKTS:CHVKF) was the recipient of a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 4,690,300 shares, a decrease of 16.8% from the May 31st total of 5,634,800 shares. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is presently 1,090.8 days.

China Vanke Stock Performance

Shares of OTCMKTS CHVKF remained flat at $0.64 during midday trading on Monday. The firm has a 50-day moving average price of $0.69 and a two-hundred day moving average price of $0.74. China Vanke has a 12-month low of $0.52 and a 12-month high of $1.29.

China Vanke Company Profile

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.