China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY) Sees Significant Growth in Short Interest

China Minsheng Banking Corp., Ltd. (OTCMKTS:CMAKY) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 1,000 shares, a growth of 400.0% from the March 31st total of 200 shares. Based on an average daily volume of 1,900 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.0% of the company’s stock are short sold.

China Minsheng Banking Price Performance

Shares of CMAKY opened at $4.82 on Tuesday. The firm has a 50-day moving average of $4.55 and a 200-day moving average of $4.31. The company has a market cap of $21.10 billion, a PE ratio of 5.30 and a beta of 0.27. China Minsheng Banking has a one year low of $3.20 and a one year high of $5.19.

China Minsheng Banking Company Profile

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.