China Merchants Bank Co. (OTCMKTS:CIHKY) Short Interest Up 41.0% in December

China Merchants Bank Co. (OTCMKTS:CIHKY) was the recipient of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 19,351 shares, an increase of 41.0% from the November 30th total of 13,725 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 42,685 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily trading volume, of 42,685 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the company are sold short.

China Merchants Bank Stock Performance

CIHKY opened at $33.44 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.12. China Merchants Bank has a 12-month low of $24.08 and a 12-month high of $37.15. The business has a 50 day moving average of $32.89 and a 200-day moving average of $32.23. The stock has a market cap of $168.67 billion, a price-to-earnings ratio of 8.49 and a beta of 0.24.

China Merchants Bank (OTCMKTS:CIHKY) last posted its earnings results on Wednesday, October 29th. The company reported $1.08 earnings per share for the quarter. China Merchants Bank had a return on equity of 12.04% and a net margin of 32.06%.The business had revenue of $10.96 billion for the quarter.

China Merchants Bank Company Profile

China Merchants Bank (OTCMKTS: CIHKY) is a major Chinese commercial bank headquartered in Shenzhen. Established in 1987 as one of the country’s early joint-stock commercial banks, it has grown into a full-service banking group serving individual, small and medium-sized enterprise (SME), and corporate clients. The bank is part of the broader China Merchants Group ecosystem and maintains listings on domestic and international exchanges to facilitate investor access.

The bank’s core businesses encompass retail banking, corporate and commercial banking, private banking and wealth management, credit cards, transaction banking and trade finance, treasury and markets, and asset management.