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

China Construction Bank Co. (OTCMKTS:CICHY) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 59,300 shares, an increase of 67.0% from the November 30th total of 35,500 shares. Based on an average daily volume of 171,500 shares, the short-interest ratio is presently 0.3 days.

China Construction Bank Stock Down 0.3 %

CICHY stock traded down $0.05 during trading hours on Friday, reaching $16.62. 30,103 shares of the stock were exchanged, compared to its average volume of 86,239. The firm’s 50-day moving average is $15.64 and its 200-day moving average is $14.84. China Construction Bank has a 12 month low of $11.01 and a 12 month high of $16.96. The company has a market cap of $207.76 billion, a price-to-earnings ratio of 4.58 and a beta of 0.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.89 and a quick ratio of 0.87.

China Construction Bank Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 3rd will be given a $0.4178 dividend. The ex-dividend date is Friday, January 3rd. China Construction Bank’s dividend payout ratio is presently 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.