Short Interest in CIMB Group Holdings Berhad (OTCMKTS:CIMDF) Decreases By 77.0%

CIMB Group Holdings Berhad (OTCMKTS:CIMDF) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 1,061 shares, a decline of 77.0% from the December 31st total of 4,615 shares. Based on an average trading volume of 18,497 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 18,497 shares, the days-to-cover ratio is presently 0.1 days.

CIMB Group Holdings Berhad Stock Up 20.0%

CIMDF stock opened at $2.25 on Friday. The company has a fifty day moving average price of $2.06 and a two-hundred day moving average price of $1.92. CIMB Group Holdings Berhad has a one year low of $1.15 and a one year high of $2.47.

CIMB Group Holdings Berhad Company Profile

CIMB Group Holdings Berhad (OTCMKTS:CIMDF) is one of Southeast Asia’s leading universal banking groups, headquartered in Kuala Lumpur, Malaysia. Through its integrated network of consumer banking, corporate and investment banking, Islamic banking and group strategy and services, the bank delivers a comprehensive suite of financial products including retail and commercial loans, trade finance, treasury, asset management, insurance and wealth management solutions.

Tracing its roots back to the establishment of Bian Chiang Bank in 1906, the group underwent a series of mergers and acquisitions before unifying under the CIMB banner in 2005, and listing on Bursa Malaysia in 2006.