China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) Short Interest Update

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 30,743,800 shares, an increase of 52.2% from the November 30th total of 20,195,800 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 30,743.8 days.

China Minsheng Banking Stock Performance

China Minsheng Banking stock traded up $0.08 during mid-day trading on Friday, hitting $0.41. The company’s stock had a trading volume of 1,098,500 shares, compared to its average volume of 25,809. The company has a 50 day moving average of $0.33 and a 200-day moving average of $0.34. China Minsheng Banking has a one year low of $0.38 and a one year high of $0.41.

China Minsheng Banking Company Profile

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.