China Construction Bank Co. (OTCMKTS:CICHF) Sees Large Drop in Short Interest

China Construction Bank Co. (OTCMKTS:CICHFGet Free Report) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 39,675,900 shares, a decrease of 37.8% from the February 28th total of 63,762,100 shares. Based on an average daily trading volume, of 52,800 shares, the short-interest ratio is currently 751.4 days.

China Construction Bank Price Performance

CICHF stock remained flat at $0.88 during mid-day trading on Friday. China Construction Bank has a 12 month low of $0.60 and a 12 month high of $0.91. The company’s fifty day simple moving average is $0.84 and its 200 day simple moving average is $0.79.

China Construction Bank Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, January 27th. Investors of record on Friday, January 3rd were issued a dividend of $0.197 per share. The ex-dividend date was Thursday, January 2nd. China Construction Bank’s payout ratio is currently 32.95%.

China Construction Bank Company Profile

(Get Free Report)

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.

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