Short Interest in China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Drops By 77.6%

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the recipient of a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 3,400 shares, a decrease of 77.6% from the November 15th total of 15,200 shares. Based on an average daily volume of 100,300 shares, the short-interest ratio is presently 0.0 days.

China Merchants Bank Price Performance

Shares of CIHKY traded up $0.05 during mid-day trading on Friday, hitting $24.75. The company’s stock had a trading volume of 84,911 shares, compared to its average volume of 46,255. China Merchants Bank has a fifty-two week low of $15.57 and a fifty-two week high of $31.17. The stock has a market capitalization of $124.81 billion, a price-to-earnings ratio of 6.36 and a beta of 0.34. The firm has a 50-day moving average price of $24.58 and a 200 day moving average price of $22.61. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.86 and a quick ratio of 0.86.

China Merchants Bank (OTCMKTS:CIHKY) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $1.06 EPS for the quarter. The company had revenue of $11.05 billion during the quarter. China Merchants Bank had a return on equity of 13.43% and a net margin of 30.16%.

China Merchants Bank Company Profile

China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.