China Vanke Co., Ltd. (OTCMKTS:CHVKF) Sees Large Drop in Short Interest

China Vanke Co., Ltd. (OTCMKTS:CHVKFGet Free Report) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 17,000 shares, a decline of 99.3% from the May 14th total of 2,389,697 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

China Vanke Price Performance

China Vanke stock opened at $0.34 on Wednesday. The company has a fifty day simple moving average of $0.39 and a 200-day simple moving average of $0.44. China Vanke has a 12-month low of $0.34 and a 12-month high of $0.70.

China Vanke Company Profile

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China Vanke Co, Ltd. is one of China’s leading residential real estate developers, with core operations spanning property development, investment and property management. Founded in 1984 and headquartered in Shenzhen, Vanke focuses on large-scale residential communities while also engaging in commercial real estate projects and urban renewal initiatives. The company has built a diverse portfolio of housing developments across more than 60 cities in Mainland China, offering a range of apartment, townhouse and villa products aimed at middle- and high-end buyers.

In addition to its development arm, Vanke operates a growing property services division that provides management and maintenance for residential, commercial and mixed-use properties.

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