China Vanke Co., Ltd. (OTCMKTS:CHVKY) Sees Large Increase in Short Interest

China Vanke Co., Ltd. (OTCMKTS:CHVKY) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 16,300 shares, a growth of 17.3% from the December 15th total of 13,900 shares. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is currently 4.2 days.

China Vanke Price Performance

Shares of CHVKY remained flat at $0.35 during mid-day trading on Friday. China Vanke has a fifty-two week low of $0.20 and a fifty-two week high of $0.82. The business’s fifty day moving average is $0.37 and its 200-day moving average is $0.36.

About China Vanke

China Vanke Co, Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. The company operates through Property Development and Property Management segments. It develops residential buildings, retail properties, and commercial offices.