Short Interest in China Construction Bank Co. (OTCMKTS:CICHF) Decreases By 18.1%

China Construction Bank Co. (OTCMKTS:CICHF) was the recipient of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 78,244,800 shares, a drop of 18.1% from the November 30th total of 95,495,300 shares. Based on an average daily volume of 20,100 shares, the short-interest ratio is presently 3,892.8 days.

China Construction Bank Price Performance

China Construction Bank stock remained flat at $0.84 during midday trading on Friday. The firm’s 50 day moving average price is $0.78 and its two-hundred day moving average price is $0.74. China Construction Bank has a 1 year low of $0.54 and a 1 year high of $0.84.

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.