China Vanke Co., Ltd. (OTCMKTS:CHVKF – Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 6,126,988 shares, an increase of 6,784.3% from the September 15th total of 89,000 shares. Based on an average trading volume of 12,286 shares, the days-to-cover ratio is presently 498.7 days.
China Vanke Stock Performance
Shares of China Vanke stock traded up $0.00 during trading hours on Friday, hitting $0.35. The company’s stock had a trading volume of 4,000 shares, compared to its average volume of 9,517. China Vanke has a twelve month low of $0.30 and a twelve month high of $0.67. The firm has a fifty day moving average of $0.32 and a 200-day moving average of $0.35.
About China Vanke
China Vanke Co, Ltd. is a China-based real estate company engaged primarily in property development and related services. Its activities include the development and sale of residential communities, commercial properties and mixed-use projects, with a focus on serving urban housing and broader city-development needs.
The company has also expanded beyond traditional homebuilding into property management, rental housing, logistics and industrial parks, and other real estate-related businesses.
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