Short Interest in China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Increases By 1,727.3%

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totalling 20,100 shares, a growth of 1,727.3% from the December 31st total of 1,100 shares. Based on an average trading volume of 71,200 shares, the short-interest ratio is currently 0.3 days.

China Merchants Bank Price Performance

Shares of China Merchants Bank stock opened at $27.69 on Thursday. China Merchants Bank has a 1-year low of $17.21 and a 1-year high of $31.17. The business’s fifty day moving average price is $24.75 and its two-hundred day moving average price is $23.37. The company has a market capitalization of $139.67 billion, a P/E ratio of 7.12 and a beta of 0.31.

China Merchants Bank (OTCMKTS:CIHKY) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $1.06 EPS for the quarter. The company had revenue of $11.05 billion for the quarter. China Merchants Bank had a return on equity of 13.43% and a net margin of 30.16%.

About China Merchants Bank

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.