China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) Short Interest Up 30.2% in January

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 40,013,800 shares, an increase of 30.2% from the December 31st total of 30,743,800 shares. Based on an average daily trading volume, of 236,700 shares, the short-interest ratio is currently 169.0 days.

China Minsheng Banking Stock Performance

Shares of CGMBF stock remained flat at $0.41 during mid-day trading on Thursday. China Minsheng Banking has a 52-week low of $0.38 and a 52-week high of $0.41. The company has a fifty day moving average price of $0.37 and a 200-day moving average price of $0.35.

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.