China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY) Short Interest Up 300.0% in November

China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 400 shares, a growth of 300.0% from the November 15th total of 100 shares. Based on an average daily volume of 2,200 shares, the short-interest ratio is currently 0.2 days.

China Minsheng Banking Price Performance

Shares of OTCMKTS:CMAKY remained flat at $3.98 during midday trading on Friday. China Minsheng Banking has a 1-year low of $3.15 and a 1-year high of $4.69. The company has a market capitalization of $17.43 billion, a P/E ratio of 4.37 and a beta of 0.24. The business’s 50-day moving average is $3.99 and its 200 day moving average is $3.69.

China Minsheng Banking Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, December 17th. Shareholders of record on Wednesday, October 30th will be issued a dividend of $0.1278 per share. The ex-dividend date of this dividend is Wednesday, October 30th. China Minsheng Banking’s dividend payout ratio is presently 28.57%.

China Minsheng Banking Company Profile

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.