China Vanke Co., Ltd. (OTCMKTS:CHVKF) Short Interest Update
by Danessa Lincoln · The Markets DailyChina Vanke Co., Ltd. (OTCMKTS:CHVKF – Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,389,697 shares, a decrease of 50.9% from the April 30th total of 4,867,762 shares. Based on an average daily trading volume, of 9,091 shares, the days-to-cover ratio is currently 262.9 days.
China Vanke Price Performance
OTCMKTS:CHVKF opened at $0.41 on Monday. China Vanke has a 1-year low of $0.39 and a 1-year high of $0.77. The business’s 50-day moving average price is $0.40 and its two-hundred day moving average price is $0.45.
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.