China Construction Bank Co. (OTCMKTS:CICHY) Sees Large Decrease in Short Interest

China Construction Bank Co. (OTCMKTS:CICHY) was the target of a significant drop in short interest in the month of February. As of February 15th, there was short interest totalling 4,200 shares, a drop of 90.3% from the January 31st total of 43,300 shares. Based on an average daily trading volume, of 98,700 shares, the short-interest ratio is presently 0.0 days.

China Construction Bank Stock Down 1.3 %

Shares of China Construction Bank stock traded down $0.22 during midday trading on Friday, hitting $17.01. The company’s stock had a trading volume of 43,786 shares, compared to its average volume of 63,436. The firm has a market capitalization of $212.63 billion, a P/E ratio of 4.69 and a beta of 0.05. The stock has a 50-day simple moving average of $16.27 and a 200-day simple moving average of $15.49. China Construction Bank has a 1-year low of $12.01 and a 1-year high of $17.95.

China Construction Bank Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 11th. Investors of record on Friday, January 3rd were issued a dividend of $0.4178 per share. The ex-dividend date of this dividend was Friday, January 3rd. China Construction Bank’s dividend payout ratio is 23.14%.

China Construction Bank Company Profile

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.