China Construction Bank Corp. (OTCMKTS:CICHY) Short Interest Update

Key Points

• China Construction Bank Corp. (OTCMKTS:CICHY) experienced a 221.1% increase in short interest in August, rising from 3,800 shares to 12,200 shares.
• The company's stock is currently priced at $20.31 with a market cap of approximately $253.91 billion and a P/E ratio of 5.64.
• For the last earnings report, China Construction Bank reported $0.88 earnings per share and revenue of $24.73 billion, meeting analyst expectations.

China Construction Bank Corp. (OTCMKTS:CICHY - Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 12,200 shares, a growth of 221.1% from the August 15th total of 3,800 shares. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 168,600 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 168,600 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company's shares are sold short.

China Construction Bank Stock Up 0.5%

Shares of OTCMKTS CICHY traded up $0.10 on Wednesday, hitting $20.11. The company had a trading volume of 95,495 shares, compared to its average volume of 72,228. China Construction Bank has a 12-month low of $14.03 and a 12-month high of $22.27. The business has a 50 day moving average of $20.32 and a two-hundred day moving average of $18.77. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.85. The firm has a market capitalization of $251.39 billion, a P/E ratio of 5.59 and a beta of 0.22.

China Construction Bank (OTCMKTS:CICHY - Get Free Report) last issued its earnings results on Friday, August 29th. The company reported $0.88 earnings per share for the quarter, hitting the consensus estimate of $0.88. China Construction Bank had a return on equity of 10.06% and a net margin of 24.99%.The company had revenue of $24.73 billion during the quarter, compared to the consensus estimate of $178.48 billion.

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.