China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Up 913.3% in November

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the recipient of a significant increase in short interest in November. As of November 15th, there was short interest totalling 15,200 shares, an increase of 913.3% from the October 31st total of 1,500 shares. Based on an average daily volume of 57,200 shares, the days-to-cover ratio is presently 0.3 days.

China Merchants Bank Trading Up 3.2 %

Shares of CIHKY traded up $0.71 during midday trading on Friday, hitting $22.75. The stock had a trading volume of 30,499 shares, compared to its average volume of 38,637. The stock’s 50 day moving average is $24.65 and its 200 day moving average is $22.64. The firm has a market cap of $114.75 billion, a PE ratio of 5.85 and a beta of 0.36. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.86 and a quick ratio of 0.86. China Merchants Bank has a 1 year low of $15.57 and a 1 year high of $31.17.

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

China Merchants Bank Company Profile

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.