China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Up 328.6% in May

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw a significant increase in short interest during the month of May. As of May 31st, there was short interest totalling 6,000 shares, an increase of 328.6% from the May 15th total of 1,400 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 44,000 shares, the days-to-cover ratio is presently 0.1 days.

China Merchants Bank Trading Up 0.2%

OTCMKTS CIHKY traded up $0.07 during mid-day trading on Friday, reaching $33.30. 36,908 shares of the stock were exchanged, compared to its average volume of 29,900. The business’s fifty day simple moving average is $29.67 and its 200 day simple moving average is $28.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market capitalization of $167.96 billion, a PE ratio of 8.56 and a beta of 0.33. China Merchants Bank has a 1-year low of $18.20 and a 1-year high of $34.46.

China Merchants Bank (OTCMKTS:CIHKY) last released its quarterly earnings data on Tuesday, April 29th. The company reported $1.02 EPS for the quarter. The business had revenue of $10.16 billion during the quarter. China Merchants Bank had a return on equity of 13.27% and a net margin of 30.16%.

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.