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China Minsheng Banking (CGMBF) Short Interest Ratio & Short Volume

China Minsheng Banking logo
$0.31
0.00 (0.00%)
(As of 11/1/2024 ET)

China Minsheng Banking Short Interest Data

China Minsheng Banking (CGMBF) has a short interest of 6.96 million shares. This marks a 0.00% increase in short interest from the previous month. The short interest ratio (days to cover) is 476.9, indicating that it would take 476.9 days of the average trading volume of 25,809 shares to cover all short positions.

Current Short Interest
6,963,200 shares
Previous Short Interest
6,963,100 shares
Change Vs. Previous Month
+0.00%
Dollar Volume Sold Short
$2.30 million
Short Interest Ratio
476.9 Days to Cover
Last Record Date
October 15, 2024
Today's Trading Volume
2 shares
Average Trading Volume
25,809 shares
Today's Volume Vs. Average
0%
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CGMBF Short Interest Over Time

CGMBF Days to Cover Over Time

CGMBF Percentage of Float Shorted Over Time

China Minsheng Banking Short Interest History

Report DateTotal Shares Sold ShortDollar Volume Sold ShortChange from Previous ReportPercentage of Float ShortedDays to CoverPrice on Report Date
10/15/20246,963,200 shares $2.30 million No ChangeN/A476.9 $0.33
9/30/20246,963,100 shares $2.30 million -0.2%N/A386.8 $0.33
9/15/20246,975,100 shares $2.30 million -50.5%N/A4103 $0.33
8/31/202414,079,000 shares $4.65 million +20.7%N/A0 $0.33
8/15/202411,666,300 shares $3.85 million +1.6%N/A398.2 $0.33
7/31/202411,479,300 shares $4.08 million +44.5%N/A0 $0.36
7/15/20247,942,300 shares $2.82 million +2.2%N/A83.5 $0.36
6/30/20247,768,900 shares $2.76 million -0.4%N/A0 $0.36
6/15/20247,798,000 shares $2.77 million +11.1%N/A0 $0.36
5/31/20247,016,500 shares $2.49 million -9.4%N/A0 $0.36
5/15/20247,747,000 shares $2.75 million -9.9%N/A77470 $0.36
4/30/20248,602,000 shares $2.67 million -10.4%N/A0 $0.31
4/15/20249,599,000 shares $2.98 million -4.1%N/A64.6 $0.31
3/31/202410,005,500 shares $3.10 million -8.9%N/A0 $0.31
3/15/202410,982,500 shares $3.40 million No ChangeN/A0 $0.31
2/29/202410,982,500 shares $3.40 million -4.0%N/A0 $0.31
2/15/202411,443,900 shares $3.55 million 0.0%N/A953.7 $0.31
1/15/202412,292,700 shares $3.81 million +27.0%N/A0 $0.31
12/31/20239,680,700 shares $3.00 million +6.9%N/A40675.2 $0.31
12/15/20239,059,700 shares $3.10 million -0.1%N/A0 $0.34
11/30/20239,068,700 shares $3.10 million No ChangeN/A0 $0.34
11/15/20239,068,700 shares $3.10 million -15.1%N/A719.7 $0.34
10/31/202310,678,700 shares $3.52 million -3.2%N/A0 $0.33
10/15/202311,030,300 shares $3.64 million -1.7%N/A0 $0.33
9/30/202311,218,300 shares $3.70 million -6.6%N/A890.3 $0.33
9/15/202312,005,300 shares $3.96 million -0.5%N/A0 $0.33
8/31/202312,063,200 shares $3.98 million +27.2%N/A55083 $0.33
8/15/20239,481,800 shares $3.80 million +4.5%N/A0 $0.40
7/31/20239,072,300 shares $3.63 million +0.9%N/A0 $0.40
7/15/20238,995,100 shares $3.60 million +8.2%N/A0 $0.40
6/30/20238,314,200 shares $3.33 million +0.5%N/A0 $0.40
6/15/20238,274,200 shares $3.31 million No ChangeN/A459.7 $0.40
5/31/20238,274,200 shares $3.47 million -17.6%N/A1009 $0.42
5/15/202310,041,700 shares $4.25 million -8.5%N/A33472.3 $0.42
4/30/202310,977,000 shares $3.89 million -25.7%N/A54885 $0.35
4/15/202314,777,000 shares $4.99 million -0.2%N/A14777 $0.34
3/31/202314,813,000 shares $5.16 million +2.2%N/A0 $0.35
3/15/202314,489,900 shares $5.05 million +5.7%N/A0 $0.35
2/28/202313,710,400 shares $4.78 million +13.0%N/A0 $0.35
2/15/202312,133,200 shares $4.23 million -3.8%N/A289.6 $0.35
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1/31/202312,616,900 shares $4.39 million 0.0%N/A0 $0.35
1/15/202312,618,900 shares $4.40 million -0.9%N/A261.8 $0.35
12/30/202212,733,400 shares $0.00 -0.1%N/A0 $0.00

CGMBF Short Interest - Frequently Asked Questions

What is China Minsheng Banking's current short interest?

Short interest is the volume of China Minsheng Banking shares that have been sold short but have not yet been closed out or covered. As of October 15th, investors have sold 6,963,200 shares of CGMBF short. Learn More on China Minsheng Banking's current short interest.

What is a good short interest ratio for China Minsheng Banking?

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. CGMBF shares currently have a short interest ratio of 477.0. Learn More on China Minsheng Banking's short interest ratio.

Is China Minsheng Banking's short interest increasing or decreasing?

China Minsheng Banking saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 6,963,200 shares, an increase of 0.0% from the previous total of 6,963,100 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Which stocks are the most shorted right now?

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($4.14 billion), AppLovin Co. ($3.15 billion), Paychex, Inc. ($2.69 billion), Nu Holdings Ltd. ($2.48 billion), Cencora, Inc. ($2.24 billion), International Paper ($2.04 billion), Tractor Supply ($1.96 billion), Coinbase Global, Inc. ($1.93 billion), Moderna, Inc. ($1.91 billion), and SoFi Technologies, Inc. ($1.84 billion). View all of the most shorted stocks.

What does it mean to sell short China Minsheng Banking stock?

Short selling CGMBF is an investing strategy that aims to generate trading profit from China Minsheng Banking as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

How does a short squeeze work against China Minsheng Banking?

A short squeeze for China Minsheng Banking occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of CGMBF, which in turn drives the price of the stock up even further.

How often is China Minsheng Banking's short interest reported?

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CGMBF, twice per month. The most recent reporting period available is October, 15 2024.




This page (OTCMKTS:CGMBF) was last updated on 11/2/2024 by MarketBeat.com Staff
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