China Construction Bank Co. (OTCMKTS:CICHY) Short Interest Down 60.4% in January

China Construction Bank Co. (OTCMKTS:CICHY) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 23,500 shares, a drop of 60.4% from the December 31st total of 59,300 shares. Based on an average daily volume of 114,400 shares, the short-interest ratio is currently 0.2 days.

China Construction Bank Stock Up 0.4 %

OTCMKTS:CICHY traded up $0.06 on Thursday, reaching $16.42. 95,685 shares of the company’s stock were exchanged, compared to its average volume of 79,215. The firm has a market capitalization of $205.26 billion, a price-to-earnings ratio of 4.52 and a beta of 0.06. The business has a fifty day moving average of $15.79 and a 200-day moving average of $15.08. China Construction Bank has a 52-week low of $11.60 and a 52-week high of $16.96.

China Construction Bank (OTCMKTS:CICHY) last issued its earnings results on Wednesday, October 30th. The company reported $0.98 earnings per share for the quarter. China Construction Bank had a net margin of 24.10% and a return on equity of 10.44%. The firm had revenue of $47.02 billion for the quarter.

China Construction Bank Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 3rd will be paid a $0.4178 dividend. The ex-dividend date is Friday, January 3rd. China Construction Bank’s dividend payout ratio is presently 23.14%.

About China Construction Bank

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.