China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Update

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 1,500 shares, an increase of 7.1% from the October 15th total of 1,400 shares. Based on an average daily volume of 83,500 shares, the days-to-cover ratio is presently 0.0 days.

China Merchants Bank Stock Performance

Shares of China Merchants Bank stock opened at $23.68 on Tuesday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.25. China Merchants Bank has a 52 week low of $15.57 and a 52 week high of $31.17. The firm’s 50 day moving average is $24.04 and its two-hundred day moving average is $22.66. The firm has a market capitalization of $119.44 billion, a P/E ratio of 6.09 and a beta of 0.36.

China Merchants Bank (OTCMKTS:CIHKY) last posted its earnings results on Tuesday, October 29th. The company reported $1.06 EPS for the quarter. China Merchants Bank had a net margin of 30.16% and a return on equity of 13.43%. The firm had revenue of $11.05 billion for the quarter.

About China Merchants Bank

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.