China Merchants Bank Co. (OTCMKTS:CIHKY – Get Free Report) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 19,351 shares, an increase of 41.0% from the November 30th total of 13,725 shares. Based on an average daily volume of 42,685 shares, the short-interest ratio is presently 0.5 days. Currently, 0.0% of the shares of the company are sold short. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 42,685 shares, the short-interest ratio is presently 0.5 days.
China Merchants Bank Stock Performance
OTCMKTS:CIHKY opened at $33.47 on Monday. China Merchants Bank has a 52-week low of $24.08 and a 52-week high of $37.15. The business’s fifty day moving average is $32.86 and its 200 day moving average is $32.23. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market cap of $168.82 billion, a price-to-earnings ratio of 8.49 and a beta of 0.24.
China Merchants Bank (OTCMKTS:CIHKY – Get Free Report) last announced its earnings results on Wednesday, October 29th. The company reported $1.08 earnings per share (EPS) for the quarter. The company had revenue of $10.96 billion during the quarter. China Merchants Bank had a net margin of 32.06% and a return on equity of 12.04%.
About China Merchants Bank
China Merchants Bank (OTCMKTS: CIHKY) is a major Chinese commercial bank headquartered in Shenzhen. Established in 1987 as one of the country’s early joint-stock commercial banks, it has grown into a full-service banking group serving individual, small and medium-sized enterprise (SME), and corporate clients. The bank is part of the broader China Merchants Group ecosystem and maintains listings on domestic and international exchanges to facilitate investor access.
The bank’s core businesses encompass retail banking, corporate and commercial banking, private banking and wealth management, credit cards, transaction banking and trade finance, treasury and markets, and asset management.
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