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

China Construction Bank logo with Finance background

China Construction Bank Co. (OTCMKTS:CICHY - Get Free Report) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 125,200 shares, an increase of 1,797.0% from the March 31st total of 6,600 shares. Based on an average daily volume of 182,800 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the shares of the stock are sold short.

China Construction Bank Price Performance

Shares of CICHY traded down $0.09 during midday trading on Friday, reaching $17.62. The stock had a trading volume of 50,359 shares, compared to its average volume of 72,123. The firm's 50 day moving average price is $17.15 and its 200-day moving average price is $16.26. China Construction Bank has a 52 week low of $12.51 and a 52 week high of $18.59. The company has a market capitalization of $220.26 billion, a P/E ratio of 4.85 and a beta of 0.07.

China Construction Bank (OTCMKTS:CICHY - Get Free Report) last posted its quarterly earnings data on Friday, March 28th. The company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.02). China Construction Bank had a net margin of 24.10% and a return on equity of 10.44%. The business had revenue of $22.57 billion for the quarter, compared to the consensus estimate of $188.14 billion.

China Construction Bank Company Profile

(Get Free Report)

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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