China Construction Bank Co. (OTCMKTS:CICHF – Get Free Report) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 39,675,900 shares, a decrease of 37.8% from the February 28th total of 63,762,100 shares. Based on an average trading volume of 52,800 shares, the days-to-cover ratio is currently 751.4 days.
China Construction Bank Stock Performance
China Construction Bank stock remained flat at $0.88 during midday trading on Friday. China Construction Bank has a 12 month low of $0.60 and a 12 month high of $0.91. The business has a 50 day simple moving average of $0.84 and a 200-day simple moving average of $0.79.
China Construction Bank Announces Dividend
The firm also recently declared a dividend, which was paid on Monday, January 27th. Stockholders of record on Friday, January 3rd were issued a dividend of $0.197 per share. The ex-dividend date of this dividend was Thursday, January 2nd. China Construction Bank’s dividend payout ratio is 32.95%.
China Construction Bank Company Profile
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.
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