China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Update

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw a large decrease in short interest in October. As of October 15th, there was short interest totalling 1,400 shares, a decrease of 94.9% from the September 30th total of 27,200 shares. Based on an average trading volume of 213,400 shares, the days-to-cover ratio is presently 0.0 days.

China Merchants Bank Price Performance

OTCMKTS:CIHKY traded down $0.23 during trading hours on Friday, hitting $25.17. 50,729 shares of the stock traded hands, compared to its average volume of 59,907. The stock has a 50 day moving average price of $22.83 and a 200 day moving average price of $22.25. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.25. The company has a market cap of $128.34 billion, a price-to-earnings ratio of 6.44 and a beta of 0.36. China Merchants Bank has a 1 year low of $15.57 and a 1 year high of $31.17.

China Merchants Bank (OTCMKTS:CIHKY) last announced its quarterly earnings data on Thursday, August 29th. The company reported $0.95 EPS for the quarter. China Merchants Bank had a return on equity of 13.68% and a net margin of 29.97%. The business had revenue of $11.84 billion for the quarter.

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.