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

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw a large decline in short interest in September. As of September 15th, there was short interest totalling 4,400 shares, a decline of 8.3% from the August 31st total of 4,800 shares. Based on an average daily volume of 53,400 shares, the short-interest ratio is currently 0.1 days.

China Merchants Bank Stock Performance

Shares of CIHKY opened at $24.02 on Tuesday. The company has a market capitalization of $122.48 billion, a PE ratio of 6.14 and a beta of 0.35. China Merchants Bank has a 52-week low of $15.57 and a 52-week high of $25.55. The company has a 50-day simple moving average of $20.71 and a 200-day simple moving average of $21.39. 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 (OTCMKTS:CIHKY) last announced its quarterly earnings results on Thursday, August 29th. The company reported $0.95 EPS for the quarter. China Merchants Bank had a return on equity of 13.68% and a net margin of 29.97%. The business had revenue of $11.84 billion for the quarter.

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.