China Construction Bank Co. (OTCMKTS:CICHF – Get Free Report) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 39,675,900 shares, a decrease of 37.8% from the February 28th total of 63,762,100 shares. Based on an average trading volume of 52,800 shares, the short-interest ratio is currently 751.4 days.
China Construction Bank Price Performance
CICHF stock remained flat at $0.88 during mid-day trading on Friday. China Construction Bank has a one year low of $0.60 and a one year high of $0.91. The business’s fifty day moving average is $0.84 and its 200 day moving average is $0.79.
China Construction Bank Announces Dividend
The company also recently announced a dividend, which was paid on Monday, January 27th. Investors of record on Friday, January 3rd were issued a dividend of $0.197 per share. The ex-dividend date of this dividend was Thursday, January 2nd. China Construction Bank’s payout ratio is 32.95%.
About China Construction Bank
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.
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