China CITIC Bank Co. Limited (OTCMKTS:CHCJY) Short Interest Down 72.7% in November

China CITIC Bank Co. Limited (OTCMKTS:CHCJY) saw a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a drop of 72.7% from the October 31st total of 1,100 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is currently 0.4 days.

China CITIC Bank Price Performance

Shares of China CITIC Bank stock remained flat at $11.60 during midday trading on Thursday. China CITIC Bank has a 1-year low of $8.63 and a 1-year high of $14.02. The stock has a market capitalization of $28.38 billion, a price-to-earnings ratio of 4.27 and a beta of 0.08. The stock has a 50-day simple moving average of $12.84 and a two-hundred day simple moving average of $12.29. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.87 and a current ratio of 0.87.

China CITIC Bank (OTCMKTS:CHCJY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.75 earnings per share (EPS) for the quarter. China CITIC Bank had a return on equity of 8.82% and a net margin of 17.31%. The firm had revenue of $7.43 billion during the quarter.

China CITIC Bank Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, January 30th. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.5105 per share. The ex-dividend date is Thursday, December 12th.

About China CITIC Bank

China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services.