China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY – Get Free Report) was the target of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 400 shares, a growth of 300.0% from the November 15th total of 100 shares. Based on an average trading volume of 2,200 shares, the short-interest ratio is presently 0.2 days.
China Minsheng Banking Price Performance
CMAKY remained flat at $3.98 on Wednesday. The business has a fifty day simple moving average of $4.00 and a 200-day simple moving average of $3.69. China Minsheng Banking has a 1 year low of $3.15 and a 1 year high of $4.69. The stock has a market capitalization of $17.43 billion, a PE ratio of 4.37 and a beta of 0.24.
China Minsheng Banking Cuts Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, December 17th. Investors of record on Wednesday, October 30th will be given a dividend of $0.1278 per share. The ex-dividend date of this dividend is Wednesday, October 30th. China Minsheng Banking’s dividend payout ratio is presently 27.47%.
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.
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