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

China Construction Bank Co. (OTCMKTS:CICHY) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 35,500 shares, a growth of 12.7% from the November 15th total of 31,500 shares. Based on an average daily trading volume, of 104,400 shares, the days-to-cover ratio is presently 0.3 days.

China Construction Bank Stock Down 0.6 %

China Construction Bank stock traded down $0.09 on Friday, hitting $15.96. 36,908 shares of the stock traded hands, compared to its average volume of 87,491. The firm has a market cap of $199.51 billion, a P/E ratio of 4.40 and a beta of 0.09. The company has a current ratio of 0.89, a quick ratio of 0.87 and a debt-to-equity ratio of 0.69. China Construction Bank has a 1 year low of $11.01 and a 1 year high of $16.58. The business’s fifty day simple moving average is $15.47 and its 200 day simple moving average is $14.71.

China Construction Bank Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 11th. Shareholders of record on Friday, January 3rd will be paid a $0.4178 dividend. The ex-dividend date of this dividend is Friday, January 3rd. China Construction Bank’s dividend payout ratio (DPR) is 22.87%.

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.