China Construction Bank Co. (OTCMKTS:CICHY) Sees Significant Decrease in Short Interest

China Construction Bank Co. (OTCMKTS:CICHY) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 6,600 shares, a decrease of 82.1% from the March 15th total of 36,900 shares. Based on an average daily volume of 186,200 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

China Construction Bank Trading Down 1.3 %

China Construction Bank stock traded down $0.22 during midday trading on Wednesday, reaching $16.86. The stock had a trading volume of 47,548 shares, compared to its average volume of 69,320. The company has a market capitalization of $210.76 billion, a P/E ratio of 4.64 and a beta of 0.07. China Construction Bank has a 12 month low of $12.10 and a 12 month high of $18.59. The company has a fifty day moving average price of $17.07 and a two-hundred day moving average price of $16.17.

China Construction Bank (OTCMKTS:CICHY) last released its quarterly earnings data on Friday, March 28th. The company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.85 by ($0.02). China Construction Bank had a return on equity of 10.44% and a net margin of 24.10%. The business had revenue of $22.57 billion for the quarter, compared to analyst estimates of $188.14 billion.

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.