Short Interest in China Construction Bank Co. (OTCMKTS:CICHY) Grows By 67.0%

China Construction Bank Co. (OTCMKTS:CICHY) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totalling 59,300 shares, a growth of 67.0% from the November 30th total of 35,500 shares. Based on an average trading volume of 171,500 shares, the days-to-cover ratio is presently 0.3 days.

China Construction Bank Stock Performance

Shares of OTCMKTS:CICHY traded down $0.05 during midday trading on Friday, hitting $16.62. The company had a trading volume of 30,103 shares, compared to its average volume of 86,239. China Construction Bank has a 12-month low of $11.01 and a 12-month high of $16.96. The company has a fifty day moving average of $15.66 and a two-hundred day moving average of $14.86. The company has a market cap of $207.76 billion, a price-to-earnings ratio of 4.58 and a beta of 0.09. The company has a debt-to-equity ratio of 0.69, a current ratio of 0.89 and a quick ratio of 0.87.

China Construction Bank Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 3rd will be given a $0.4178 dividend. The ex-dividend date is Friday, January 3rd. China Construction Bank’s payout ratio is 22.87%.

China Construction Bank Company Profile

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.