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

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) was the target of a large decrease in short interest in January. As of January 15th, there was short interest totaling 1,672,110 shares, a decrease of 16.8% from the December 31st total of 2,010,159 shares. Based on an average daily trading volume, of 2 shares, the short-interest ratio is presently 836,055.0 days. Based on an average daily trading volume, of 2 shares, the short-interest ratio is presently 836,055.0 days.

China Minsheng Banking Price Performance

OTCMKTS:CGMBF remained flat at $0.50 during trading hours on Monday. The business’s fifty day moving average is $0.50 and its 200 day moving average is $0.51. China Minsheng Banking has a 1-year low of $0.46 and a 1-year high of $0.58.

China Minsheng Banking Company Profile

China Minsheng Banking Corp., Limited (OTCMKTS:CGMBF) is a Beijing-based joint-stock commercial bank offering a broad spectrum of banking and financial services. Established in January 1996, it was the first nationwide bank in China primarily funded by non-state-owned enterprises. The bank’s core operations include corporate banking solutions such as working capital loans, trade finance and project financing, alongside personal banking services including deposits, consumer lending, wealth management and credit card offerings.

In addition to its commercial banking activities, China Minsheng Banking maintains a comprehensive financial markets division providing foreign exchange, fixed-income products, derivatives trading and investment advisory services.