Short Interest in China Vanke Co., Ltd. (OTCMKTS:CHVKF) Increases By 37.8%

China Vanke Co., Ltd. (OTCMKTS:CHVKF) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 8,310,000 shares, a growth of 37.8% from the April 30th total of 6,032,200 shares. Based on an average trading volume of 2,200 shares, the days-to-cover ratio is currently 3,777.3 days.

China Vanke Stock Performance

Shares of CHVKF opened at $0.77 on Wednesday. China Vanke has a one year low of $0.48 and a one year high of $2.01. The company’s fifty day moving average price is $0.76 and its 200 day moving average price is $0.77.

About China Vanke

China Vanke Co, Ltd., together with its subsidiaries, engages in the development and sale of properties in the Mainland China, Hong Kong, and internationally. It operates through Property Development and Property Management segments. The company develops residential buildings, apartments, retail properties, and commercial offices.