China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) Sees Large Growth in Short Interest

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) was the target of a large increase in short interest in August. As of August 31st, there was short interest totalling 14,079,000 shares, an increase of 20.7% from the August 15th total of 11,666,300 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Minsheng Banking Stock Performance

Shares of CGMBF stock remained flat at $0.33 during trading hours on Tuesday. China Minsheng Banking has a twelve month low of $0.33 and a twelve month high of $0.36. The company has a 50-day moving average of $0.34 and a 200 day moving average of $0.33.

About China Minsheng Banking

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.