Short Interest in China CITIC Bank Co. Limited (OTCMKTS:CHCJY) Decreases By 20.0%

China CITIC Bank Co. Limited (OTCMKTS:CHCJY) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 400 shares, a decrease of 20.0% from the December 15th total of 500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 4.0 days.

China CITIC Bank Price Performance

OTCMKTS:CHCJY traded down $1.52 on Thursday, reaching $11.98. 122 shares of the company’s stock were exchanged, compared to its average volume of 87. The stock has a fifty day simple moving average of $12.50 and a 200-day simple moving average of $12.42. China CITIC Bank has a 52 week low of $9.08 and a 52 week high of $14.27.

China CITIC Bank (OTCMKTS:CHCJY) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.75 EPS for the quarter. 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. Stockholders of record on Thursday, December 12th will be given a $0.5105 dividend. The ex-dividend date of this dividend is Thursday, December 12th.

About China CITIC Bank

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.