China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) Short Interest Up 65.2% in February

China Merchants Bank Co., Ltd. (OTCMKTS:CIHKY) was the recipient of a large increase in short interest in the month of February. As of February 28th, there was short interest totalling 18,500 shares, an increase of 65.2% from the February 13th total of 11,200 shares. Based on an average trading volume of 53,600 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

China Merchants Bank Price Performance

OTCMKTS CIHKY opened at $32.30 on Monday. China Merchants Bank has a 12 month low of $18.20 and a 12 month high of $32.83. The firm has a market capitalization of $162.92 billion, a PE ratio of 8.30 and a beta of 0.30. The company’s 50 day simple moving average is $27.86 and its 200 day simple moving average is $25.16. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.84 and a quick ratio of 0.84.

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.