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

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw 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 trading volume of 57,200 shares, the short-interest ratio is presently 0.3 days.

China Merchants Bank Trading Up 3.2 %

China Merchants Bank stock opened at $22.75 on Thursday. China Merchants Bank has a one year low of $15.57 and a one year high of $31.17. The stock 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 quick ratio of 0.86 and a current ratio of 0.86. The stock has a 50-day moving average of $24.59 and a two-hundred day moving average of $22.64.

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