China Construction Bank Co. (OTCMKTS:CICHY - Get Free Report) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 23,500 shares, a drop of 60.4% from the December 15th total of 59,300 shares. Based on an average daily trading volume, of 114,400 shares, the days-to-cover ratio is currently 0.2 days.
China Construction Bank Price Performance
Shares of OTCMKTS:CICHY traded up $0.22 during trading on Tuesday, reaching $15.27. 147,649 shares of the company traded hands, compared to its average volume of 88,905. The firm has a market capitalization of $190.88 billion, a PE ratio of 4.21 and a beta of 0.06. China Construction Bank has a 52 week low of $11.01 and a 52 week high of $16.96. The company has a quick ratio of 0.87, a current ratio of 0.89 and a debt-to-equity ratio of 0.69. The company's 50 day moving average is $15.69 and its two-hundred day moving average is $14.96.
China Construction Bank Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 3rd will be given a dividend of $0.4178 per share. The ex-dividend date is Friday, January 3rd. China Construction Bank's dividend payout ratio is currently 22.87%.
About China Construction Bank
(
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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