Short Interest in China Construction Bank Co. (OTCMKTS:CICHF) Drops By 37.8%

China Construction Bank Co. (OTCMKTS:CICHFGet Free Report) saw a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 39,675,900 shares, a drop of 37.8% from the February 28th total of 63,762,100 shares. Based on an average trading volume of 52,800 shares, the days-to-cover ratio is currently 751.4 days.

China Construction Bank Stock Performance

CICHF stock remained flat at $0.88 during midday trading on Monday. The company has a fifty day moving average of $0.84 and a two-hundred day moving average of $0.79. China Construction Bank has a twelve month low of $0.60 and a twelve month high of $0.91.

China Construction Bank Dividend Announcement

The business also recently disclosed a dividend, which was paid on Monday, January 27th. Stockholders of record on Friday, January 3rd were given a dividend of $0.197 per share. The ex-dividend date was Thursday, January 2nd. China Construction Bank’s dividend payout ratio (DPR) is currently 32.95%.

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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