China Construction Bank Co. (OTCMKTS:CICHY – Get Free Report) was the target of a large growth in short interest in 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 daily volume of 104,400 shares, the days-to-cover ratio is currently 0.3 days.
China Construction Bank Trading Down 0.6 %
Shares of OTCMKTS:CICHY traded down $0.09 on Friday, hitting $15.96. The company had a trading volume of 36,908 shares, compared to its average volume of 87,491. The firm’s 50-day simple moving average is $15.47 and its two-hundred day simple moving average is $14.71. The firm has a market capitalization of $199.51 billion, a price-to-earnings ratio of 4.40 and a beta of 0.09. The company has a quick ratio of 0.87, a current ratio of 0.89 and a debt-to-equity ratio of 0.69. China Construction Bank has a 1 year low of $11.01 and a 1 year high of $16.58.
China Construction Bank Cuts Dividend
The company also recently declared a dividend, which will be paid on Tuesday, February 11th. Investors of record on Friday, January 3rd will be given a dividend of $0.4178 per share. The ex-dividend date of this dividend 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.
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