Short Interest in China Construction Bank Co. (OTCMKTS:CICHF) Declines By 20.6%

China Construction Bank Co. (OTCMKTS:CICHF) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 62,123,100 shares, a drop of 20.6% from the December 15th total of 78,244,800 shares. Based on an average daily volume of 450,100 shares, the short-interest ratio is presently 138.0 days.

China Construction Bank Trading Up 3.0 %

Shares of China Construction Bank stock traded up $0.02 during trading on Thursday, reaching $0.76. The company’s stock had a trading volume of 6,040 shares, compared to its average volume of 46,380. China Construction Bank has a 52 week low of $0.54 and a 52 week high of $0.86. The business’s 50-day moving average price is $0.78 and its 200-day moving average price is $0.74.

China Construction Bank Dividend Announcement

The firm also recently announced a dividend, which will be paid on Monday, January 27th. Shareholders of record on Friday, January 3rd will be given a dividend of $0.197 per share. The ex-dividend date of this dividend is Thursday, January 2nd. China Construction Bank’s payout ratio is presently 32.95%.

About China Construction Bank

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.