China Minsheng (OTCMKTS:CMAKY) Sees Significant Growth in Short Interest

Key Points

• Short interest jumped 118.7% in March to 1,100 shares (from 503 on March 15), with a days-to-cover of 1.2 and the shorted shares reported as an approximately negligible percentage of the float (0.0%).
• China Minsheng shares opened at $4.37, trading in a 12‑month range of $4.12–$6.72, with a market cap of $19.13 billion and a P/E of 4.97 (50‑day MA $4.85, 200‑day MA $5.05).
• The bank reported quarterly EPS of $0.06, revenue of $4.03 billion, a net margin of 11.67% and a return on equity of 4.47%.

China Minsheng (OTCMKTS:CMAKY - Get Free Report) was the recipient of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,100 shares, an increase of 118.7% from the March 15th total of 503 shares. Based on an average trading volume of 893 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.0% of the shares of the stock are short sold.

China Minsheng Price Performance

Shares of OTCMKTS:CMAKY opened at $4.37 on Friday. China Minsheng has a 12 month low of $4.12 and a 12 month high of $6.72. The company's 50-day moving average price is $4.85 and its two-hundred day moving average price is $5.05. The firm has a market cap of $19.13 billion, a P/E ratio of 4.97 and a beta of 0.29.

China Minsheng (OTCMKTS:CMAKY - Get Free Report) last issued its quarterly earnings data on Monday, March 30th. The company reported $0.06 EPS for the quarter. China Minsheng had a net margin of 11.67% and a return on equity of 4.47%. The firm had revenue of $4.03 billion for the quarter.

About China Minsheng

China Minsheng Banking Corp., Ltd. OTCMKTS: CMAKY is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People's Republic of China. The bank's product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.

In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.

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