Short Interest in China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Increases By 1,727.3%

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 20,100 shares, a growth of 1,727.3% from the December 31st total of 1,100 shares. Based on an average daily trading volume, of 71,200 shares, the short-interest ratio is presently 0.3 days.

China Merchants Bank Stock Up 0.7 %

Shares of OTCMKTS:CIHKY traded up $0.20 on Tuesday, reaching $27.75. The company had a trading volume of 43,008 shares, compared to its average volume of 41,388. The stock has a 50-day moving average price of $24.67 and a 200 day moving average price of $23.33. The stock has a market capitalization of $139.97 billion, a P/E ratio of 7.13 and a beta of 0.31. China Merchants Bank has a twelve month low of $17.21 and a twelve month high of $31.17.

China Merchants Bank (OTCMKTS:CIHKY) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $1.06 EPS for the quarter. China Merchants Bank had a return on equity of 13.43% and a net margin of 30.16%. The business had revenue of $11.05 billion for the quarter.

About China Merchants Bank

China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.