China Construction Bank Corp. (OTCMKTS:CICHY) Sees Significant Increase in Short Interest

Key Points

• China Construction Bank Corp. saw a significant increase in short interest, rising 171.8% from 20,900 shares to 56,800 shares as of July 15th.
• The stock opened at $20.00 with a market cap of $250.01 billion, and has a P/E ratio of 5.59 and a beta of 0.19.
• Over the past year, China Construction Bank reached a low of $13.50 and a high of $22.27, indicating fluctuation in stock performance.

China Construction Bank Corp. (OTCMKTS:CICHY - Get Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 56,800 shares, agrowthof171.8% from the June 30th total of 20,900 shares. Based on an average daily trading volume, of 213,700 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 213,700 shares, the short-interest ratio is currently 0.3 days.

China Construction Bank Price Performance

China Construction Bank stock traded down $0.08 during midday trading on Friday, reaching $20.26. The company had a trading volume of 34,294 shares, compared to its average volume of 73,905. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.95 and a quick ratio of 0.95. China Construction Bank has a 12-month low of $13.52 and a 12-month high of $22.27. The company has a market capitalization of $253.26 billion, a P/E ratio of 5.66 and a beta of 0.19. The firm's fifty day simple moving average is $20.22 and its 200-day simple moving average is $18.13.

About China Construction Bank

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.