China Construction Bank Co. (OTCMKTS:CICHF) Sees Large Drop in Short Interest

China Construction Bank Co. (OTCMKTS:CICHF) saw a large decline in short interest in June. As of June 15th, there was short interest totalling 21,933,300 shares, a decline of 8.5% from the May 31st total of 23,958,700 shares. Based on an average daily volume of 4,200 shares, the short-interest ratio is presently 5,222.2 days.

China Construction Bank Stock Performance

Shares of OTCMKTS:CICHF opened at $0.75 on Wednesday. The firm has a fifty day moving average price of $0.71 and a 200 day moving average price of $0.64. China Construction Bank has a fifty-two week low of $0.50 and a fifty-two week high of $0.78.

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.