China Construction Bank Co. (OTCMKTS:CICHY - Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totalling 12,900 shares, a decrease of 87.5% from the April 30th total of 103,100 shares. Based on an average daily trading volume, of 145,400 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
China Construction Bank Trading Up 0.3%
Shares of CICHY stock traded up $0.05 during trading hours on Monday, reaching $17.82. The stock had a trading volume of 40,374 shares, compared to its average volume of 69,548. The stock's fifty day simple moving average is $17.17 and its 200 day simple moving average is $16.60. The firm has a market capitalization of $222.76 billion, a PE ratio of 4.91 and a beta of 0.11. China Construction Bank has a 12 month low of $13.34 and a 12 month high of $18.59.
China Construction Bank (OTCMKTS:CICHY - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.97 by ($0.06). The firm had revenue of $25.48 billion during the quarter, compared to analysts' expectations of $194.14 billion. China Construction Bank had a return on equity of 10.44% and a net margin of 24.10%.
China Construction Bank Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, June 12th. Investors of record on Monday, May 5th will be given a $0.4379 dividend. This represents a dividend yield of 10.12%. The ex-dividend date of this dividend is Friday, May 2nd. This is an increase from China Construction Bank's previous dividend of $0.42. China Construction Bank's dividend payout ratio (DPR) is 24.30%.
About China Construction Bank
(
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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