Short Interest in Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Increases By 27.1%

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 39,900 shares, an increase of 27.1% from the December 15th total of 31,400 shares. Based on an average trading volume of 86,300 shares, the short-interest ratio is presently 0.5 days.

Industrial and Commercial Bank of China Trading Down 0.6 %

OTCMKTS:IDCBY traded down $0.08 during midday trading on Friday, reaching $12.67. 47,979 shares of the company traded hands, compared to its average volume of 37,866. The company has a fifty day moving average price of $12.40 and a 200 day moving average price of $11.87. Industrial and Commercial Bank of China has a twelve month low of $9.00 and a twelve month high of $13.60.

Industrial and Commercial Bank of China (OTCMKTS:IDCBY) last announced its quarterly earnings results on Wednesday, October 30th. The company reported $0.70 earnings per share (EPS) for the quarter. The firm had revenue of $27.53 billion for the quarter.

Industrial and Commercial Bank of China Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Friday, January 3rd will be paid a dividend of $0.3018 per share. The ex-dividend date is Friday, January 3rd.

Industrial and Commercial Bank of China Company Profile

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.