China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Up 65.2% in February

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 18,500 shares, an increase of 65.2% from the February 13th total of 11,200 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 53,600 shares, the short-interest ratio is currently 0.3 days.

China Merchants Bank Price Performance

OTCMKTS CIHKY traded down $0.19 on Wednesday, reaching $32.20. The company's stock had a trading volume of 19,602 shares, compared to its average volume of 36,202. China Merchants Bank has a 52 week low of $18.20 and a 52 week high of $33.17. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.21. The firm has a market cap of $162.42 billion, a PE ratio of 8.28 and a beta of 0.30. The business has a 50-day moving average price of $28.32 and a 200 day moving average price of $25.37.

China Merchants Bank Company Profile

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.