Short Interest in China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Grows By 65.2%

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the recipient of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 18,500 shares, a growth of 65.2% from the February 13th total of 11,200 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 53,600 shares, the days-to-cover ratio is currently 0.3 days.

China Merchants Bank Trading Up 2.5 %

OTCMKTS CIHKY opened at $32.30 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.84 and a current ratio of 0.84. China Merchants Bank has a one year low of $18.20 and a one year high of $32.83. The company has a 50-day simple moving average of $27.86 and a 200-day simple moving average of $25.16. The firm has a market capitalization of $162.92 billion, a PE ratio of 8.30 and a beta of 0.30.

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.