China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Up 328.6% in May

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 6,000 shares, an increase of 328.6% from the May 15th total of 1,400 shares. Based on an average daily trading volume, of 44,000 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

China Merchants Bank Price Performance

Shares of CIHKY stock opened at $32.86 on Friday. The stock has a 50-day moving average price of $29.83 and a 200 day moving average price of $28.08. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.21. The firm has a market cap of $165.74 billion, a price-to-earnings ratio of 8.45 and a beta of 0.33. China Merchants Bank has a 12 month low of $18.20 and a 12 month high of $34.46.

China Merchants Bank (OTCMKTS:CIHKY) last issued its earnings results on Tuesday, April 29th. The company reported $1.02 earnings per share (EPS) for the quarter. China Merchants Bank had a return on equity of 13.27% and a net margin of 30.16%. The firm had revenue of $10.16 billion for the quarter.

About China Merchants Bank

China Merchants Bank Co, Ltd., together with its subsidiaries, provides various banking products and services. It operates through Wholesale Finance Business, Retail Finance Business, and Other Business segments. The company offers current, demand, time, call, savings, notice, and renminbi accounts. Its loan products include personal commercial real estate, consumption, housing, and car loans; loans to finance for studying abroad; micro-business loans; mortgage loans for equipment; joint guarantee, special guarantee, and housing mortgage loan; bank acceptance, discount, liquid capital, and fixed asset loans; and loans for vessels.