Short Interest in China Everbright Bank Company Limited (OTCMKTS:CEBCF) Declines By 41.6%

China Everbright Bank Company Limited (OTCMKTS:CEBCF) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 2,073,035 shares, a drop of 41.6% from the July 15th total of 3,551,035 shares. Based on an average daily trading volume, of 94 shares, the days-to-cover ratio is currently 22,053.6 days.

China Everbright Bank Stock Performance

CEBCF opened at $0.41 on Monday. The company’s 50-day simple moving average is $0.41 and its two-hundred day simple moving average is $0.43. China Everbright Bank has a 52-week low of $0.36 and a 52-week high of $0.50.

China Everbright Bank Company Profile

China Everbright Bank Company Limited provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Seoul, and Sydney. It offers notice, RMB general and intelligent agreement, structured, and other deposits; working capital, fixed asset, project financing, syndicated, entrusted, and other loans; personal loans; E-grain, E-mortgage, and E-catering loans; overdraft facilities; and credit and debit cards.