China CITIC Bank Co. Limited (OTCMKTS:CHCJY) Sees Large Decrease in Short Interest

China CITIC Bank Co. Limited (OTCMKTS:CHCJY) saw a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 300 shares, a decline of 72.7% from the October 31st total of 1,100 shares. Based on an average daily volume of 700 shares, the short-interest ratio is presently 0.4 days.

China CITIC Bank Price Performance

Shares of CHCJY remained flat at $11.60 during midday trading on Friday. The stock’s fifty day simple moving average is $12.84 and its 200-day simple moving average is $12.28. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.52. China CITIC Bank has a 12-month low of $8.63 and a 12-month high of $14.02.

China CITIC Bank (OTCMKTS:CHCJY) last posted its quarterly earnings data on Wednesday, October 30th. The company reported $0.75 EPS for the quarter. The firm had revenue of $7.43 billion during the quarter. China CITIC Bank had a net margin of 17.31% and a return on equity of 8.82%.

China CITIC Bank Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, January 30th. Shareholders of record on Thursday, December 12th will be given a dividend of $0.5105 per share. The ex-dividend date is Thursday, December 12th.

China CITIC Bank Company Profile

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.