China Construction Bank Corp. (OTCMKTS:CICHY) Sees Significant Increase in Short Interest

China Construction Bank Corp. (OTCMKTS:CICHY) was the target of a significant growth in short interest in May. As of May 31st, there was short interest totalling 19,600 shares, a growth of 51.9% from the May 15th total of 12,900 shares. Based on an average daily trading volume, of 77,200 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

China Construction Bank Trading Down 2.1%

Shares of OTCMKTS CICHY opened at $19.40 on Wednesday. The stock has a market capitalization of $242.51 billion, a PE ratio of 5.42 and a beta of 0.14. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.73. The stock has a fifty day simple moving average of $17.65 and a 200-day simple moving average of $16.90. China Construction Bank has a twelve month low of $13.34 and a twelve month high of $19.86.

China Construction Bank (OTCMKTS:CICHY) last released its earnings results on Tuesday, April 29th. The company reported $0.91 earnings per share for the quarter, missing the consensus estimate of $0.97 by ($0.06). The firm had revenue of $25.48 billion during the quarter, compared to analyst estimates of $194.14 billion. China Construction Bank had a net margin of 24.85% and a return on equity of 10.16%.

China Construction Bank Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 12th. Investors of record on Monday, May 5th were issued a $0.4379 dividend. The ex-dividend date of this dividend was Friday, May 2nd. This represents a dividend yield of 10.12%. This is a boost from China Construction Bank’s previous dividend of $0.42. China Construction Bank’s payout ratio is 24.58%.

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.