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Short Interest in Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Grows By 16.0%

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY - Get Free Report) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totalling 51,500 shares, an increase of 16.0% from the April 15th total of 44,400 shares. Based on an average trading volume of 98,200 shares, the short-interest ratio is presently 0.5 days.

Industrial and Commercial Bank of China Trading Up 5.8 %

Shares of OTCMKTS:IDCBY traded up $0.66 during trading on Thursday, hitting $12.07. The company had a trading volume of 142,363 shares, compared to its average volume of 66,113. The stock has a market cap of $215.09 billion, a price-to-earnings ratio of 4.10 and a beta of 0.15. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.91 and a quick ratio of 0.91. The company has a fifty day simple moving average of $10.43 and a two-hundred day simple moving average of $9.91. Industrial and Commercial Bank of China has a one year low of $8.50 and a one year high of $12.08.

About Industrial and Commercial Bank of China

(Get Free Report)

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.

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