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Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Short Interest Up 1,200.0% in October

Industrial and Commercial Bank of China logo with Finance background

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 67,600 shares, a growth of 1,200.0% from the September 30th total of 5,200 shares. Based on an average daily volume of 208,400 shares, the short-interest ratio is presently 0.3 days.

Industrial and Commercial Bank of China Price Performance

IDCBY stock traded down $0.09 during midday trading on Friday, hitting $12.10. The stock had a trading volume of 49,160 shares, compared to its average volume of 62,626. The company's 50-day moving average price is $11.69 and its 200 day moving average price is $11.35. The firm has a market cap of $215.63 billion, a PE ratio of 4.34 and a beta of 0.12. Industrial and Commercial Bank of China has a 12-month low of $8.98 and a 12-month high of $12.86.

Industrial and Commercial Bank of China (OTCMKTS:IDCBY - Get Free Report) last announced its quarterly earnings data on Friday, August 30th. The company reported $0.64 EPS for the quarter. The business had revenue of $26.49 billion during the quarter.

Industrial and Commercial Bank of China Company Profile

(Get Free Report)

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.

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