China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF – Get Free Report) saw a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 13,066,800 shares, an increase of 22.5% from the October 31st total of 10,665,400 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.
China Minsheng Banking Price Performance
Shares of OTCMKTS CGMBF remained flat at $0.33 during mid-day trading on Friday. The business’s 50-day simple moving average is $0.33 and its two-hundred day simple moving average is $0.34. China Minsheng Banking has a 52-week low of $0.33 and a 52-week high of $0.36.
China Minsheng Banking (OTCMKTS:CGMBF – Get Free Report) last released its quarterly earnings data on Thursday, August 29th. The company reported $0.02 EPS for the quarter. The business had revenue of $4.16 billion during the quarter.
China Minsheng Banking Company Profile
China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People’s Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.
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