China Vanke Co., Ltd. (OTCMKTS:CHVKF – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 30,167 shares, an increase of 77.5% from the June 15th total of 17,000 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.
China Vanke Stock Performance
OTCMKTS CHVKF opened at $0.31 on Friday. The stock’s 50-day simple moving average is $0.37 and its two-hundred day simple moving average is $0.41. China Vanke has a twelve month low of $0.31 and a twelve month high of $0.70.
China Vanke Company Profile
China Vanke Co, Ltd. is one of China’s leading residential real estate developers, with core operations spanning property development, investment and property management. Founded in 1984 and headquartered in Shenzhen, Vanke focuses on large-scale residential communities while also engaging in commercial real estate projects and urban renewal initiatives. The company has built a diverse portfolio of housing developments across more than 60 cities in Mainland China, offering a range of apartment, townhouse and villa products aimed at middle- and high-end buyers.
In addition to its development arm, Vanke operates a growing property services division that provides management and maintenance for residential, commercial and mixed-use properties.
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