China Minsheng (OTCMKTS:CMAKY – Get Free Report) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 1,100 shares, an increase of 118.7% from the March 15th total of 503 shares. Based on an average trading volume of 893 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the company’s stock are sold short.
China Minsheng Stock Performance
OTCMKTS:CMAKY opened at $4.37 on Monday. The company has a market cap of $19.13 billion, a PE ratio of 4.97 and a beta of 0.29. The company has a 50 day simple moving average of $4.85 and a two-hundred day simple moving average of $5.05. China Minsheng has a 12 month low of $4.12 and a 12 month high of $6.72.
China Minsheng (OTCMKTS:CMAKY – Get Free Report) last announced its earnings results on Monday, March 30th. The company reported $0.06 earnings per share for the quarter. The business had revenue of $4.03 billion during the quarter. China Minsheng had a net margin of 11.67% and a return on equity of 4.47%.
About China Minsheng
China Minsheng Banking Corp., Ltd. (OTCMKTS: CMAKY) is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People’s Republic of China. The bank’s product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.
In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.
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