Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Short Interest Update

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totalling 7,900 shares, a drop of 11.2% from the May 31st total of 8,900 shares. Based on an average daily volume of 50,400 shares, the short-interest ratio is currently 0.2 days.

Industrial and Commercial Bank of China Stock Up 2.8 %

IDCBY opened at $12.15 on Wednesday. The company has a fifty day moving average of $11.32 and a 200 day moving average of $10.38. Industrial and Commercial Bank of China has a fifty-two week low of $8.50 and a fifty-two week high of $12.15.

Industrial and Commercial Bank of China (OTCMKTS:IDCBY) last posted its earnings results on Monday, April 29th. The company reported $0.67 earnings per share for the quarter. The company had revenue of $29.35 billion for the quarter.

Industrial and Commercial Bank of China Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Tuesday, July 9th will be paid a $0.6897 dividend. The ex-dividend date is Tuesday, July 9th.

About Industrial and Commercial Bank of China

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.