China Construction Bank Co. (OTCMKTS:CICHY) Sees Significant Increase in Short Interest

China Construction Bank Co. (OTCMKTS:CICHY) was the recipient of a large growth in short interest in the month of November. As of November 30th, there was short interest totalling 35,500 shares, a growth of 12.7% from the November 15th total of 31,500 shares. Based on an average trading volume of 104,400 shares, the days-to-cover ratio is presently 0.3 days.

China Construction Bank Price Performance

Shares of CICHY traded up $0.09 during mid-day trading on Monday, hitting $16.05. 35,653 shares of the company were exchanged, compared to its average volume of 87,277. The stock has a market cap of $200.63 billion, a price-to-earnings ratio of 4.40 and a beta of 0.09. China Construction Bank has a 1-year low of $11.01 and a 1-year high of $16.58. The company has a 50 day moving average of $15.47 and a 200-day moving average of $14.71. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.87 and a current ratio of 0.89.

China Construction Bank Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 3rd will be issued a dividend of $0.4178 per share. The ex-dividend date of this dividend is Friday, January 3rd. China Construction Bank’s payout ratio is currently 22.87%.

About China Construction Bank

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.