Short Interest in China Everbright Bank Company Limited (OTCMKTS:CEBCF) Declines By 40.0%

China Everbright Bank Company Limited (OTCMKTS:CEBCF) saw a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 1,244,419 shares, a decrease of 40.0% from the July 30th total of 2,073,035 shares. Based on an average daily volume of 2,402 shares, the days-to-cover ratio is currently 518.1 days.

China Everbright Bank Price Performance

Shares of OTCMKTS CEBCF opened at $0.41 on Monday. The firm’s 50 day simple moving average is $0.40 and its 200-day simple moving average is $0.42. China Everbright Bank has a 12 month low of $0.36 and a 12 month high of $0.50.

About China Everbright Bank

China Everbright Bank Company Limited provides a range of financial products and services to corporations and government agencies, retail customers, and individuals in Mainland China, Hong Kong, Luxembourg, Seoul, and Sydney. It offers notice, RMB general and intelligent agreement, structured, and other deposits; working capital, fixed asset, project financing, syndicated, entrusted, and other loans; personal loans; E-grain, E-mortgage, and E-catering loans; overdraft facilities; and credit and debit cards.