China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY - Get Free Report) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 6,000 shares, a growth of 328.6% from the May 15th total of 1,400 shares. Based on an average trading volume of 44,000 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.
China Merchants Bank Price Performance
Shares of OTCMKTS CIHKY traded up $0.07 during trading hours on Thursday, hitting $33.30. 36,908 shares of the stock were exchanged, compared to its average volume of 29,900. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 0.84. The company has a market cap of $167.96 billion, a PE ratio of 8.56 and a beta of 0.33. The company's fifty day simple moving average is $29.67 and its two-hundred day simple moving average is $28.00. China Merchants Bank has a 1-year low of $18.20 and a 1-year high of $34.46.
China Merchants Bank (OTCMKTS:CIHKY - Get Free Report) last issued its earnings results on Tuesday, April 29th. The company reported $1.02 earnings per share for the quarter. China Merchants Bank had a net margin of 30.16% and a return on equity of 13.27%. The firm had revenue of $10.16 billion for the quarter.
About China Merchants Bank
(
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China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.
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