Short Interest in China Vanke Co., Ltd. (OTCMKTS:CHVKF) Declines By 49.1%

China Vanke Co., Ltd. (OTCMKTS:CHVKF) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 5,777,000 shares, a decline of 49.1% from the September 30th total of 11,360,400 shares. Based on an average daily trading volume, of 93,100 shares, the short-interest ratio is currently 62.1 days.

China Vanke Price Performance

Shares of China Vanke stock remained flat at $0.95 during midday trading on Friday. The stock has a 50 day simple moving average of $0.76 and a 200 day simple moving average of $0.68. China Vanke has a 52 week low of $0.48 and a 52 week high of $2.01.

China Vanke Company Profile

China Vanke Co, Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. It operates through Property Development and Property Management segments. The company develops residential buildings, apartments, retail properties, and commercial offices.