Short Interest in China Vanke Co., Ltd. (OTCMKTS:CHVKF) Grows By 20.9%

China Vanke Co., Ltd. (OTCMKTS:CHVKF) was the target of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 5,920,262 shares, an increase of 20.9% from the March 15th total of 4,897,395 shares. Based on an average trading volume of 1,250 shares, the short-interest ratio is currently 4,736.2 days.

China Vanke Price Performance

Shares of CHVKF opened at $0.39 on Friday. China Vanke has a 12 month low of $0.39 and a 12 month high of $0.77. The firm’s 50 day moving average is $0.44 and its 200-day moving average is $0.51.

China Vanke Company Profile

China Vanke Co, Ltd. is one of China’s leading residential real estate developers, with core operations spanning property development, investment and property management. Founded in 1984 and headquartered in Shenzhen, Vanke focuses on large-scale residential communities while also engaging in commercial real estate projects and urban renewal initiatives. The company has built a diverse portfolio of housing developments across more than 60 cities in Mainland China, offering a range of apartment, townhouse and villa products aimed at middle- and high-end buyers.

In addition to its development arm, Vanke operates a growing property services division that provides management and maintenance for residential, commercial and mixed-use properties.