China CITIC Bank Co. Limited (OTCMKTS:CHCJY) Short Interest Down 28.6% in December

by · The Markets Daily

China CITIC Bank Co. Limited (OTCMKTS:CHCJY – Get Free Report) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 500 shares, a drop of 28.6% from the November 30th total of 700 shares. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 1.7 days.

China CITIC Bank Price Performance

Shares of OTCMKTS CHCJY traded down $0.27 on Friday, hitting $12.23. The company’s stock had a trading volume of 114 shares, compared to its average volume of 764. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a 50 day moving average of $12.44 and a 200-day moving average of $12.37. China CITIC Bank has a 12-month low of $9.07 and a 12-month high of $14.02. The company has a market capitalization of $29.92 billion, a price-to-earnings ratio of 3.82 and a beta of 0.07.

China CITIC Bank (OTCMKTS:CHCJY – Get Free Report) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.75 earnings per share for the quarter. China CITIC Bank had a net margin of 17.31% and a return on equity of 8.82%. The business had revenue of $7.43 billion during the quarter.

China CITIC Bank Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, January 30th. Shareholders of record on Thursday, December 12th will be issued a $0.5105 dividend. The ex-dividend date of this dividend is Thursday, December 12th.

About China CITIC Bank

(Get Free Report)

China CITIC Bank Corporation Limited provides various banking products and services in the People's Republic of China and internationally. The company operates in segments, such as Corporate Banking, Retail Banking, and Financial Market business. It accepts deposits; offers corporate and personal loans; and provides securities agency, remittance and settlement, and guarantee services, as well as investment banking and international services.

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