Short Interest in China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) Rises By 11.1%

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) saw a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 7,798,000 shares, an increase of 11.1% from the May 31st total of 7,016,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

China Minsheng Banking Stock Performance

Shares of China Minsheng Banking stock opened at $0.36 on Wednesday. The firm has a 50-day simple moving average of $0.34 and a two-hundred day simple moving average of $0.32. China Minsheng Banking has a fifty-two week low of $0.36 and a fifty-two week high of $0.36.

About China Minsheng Banking

China Minsheng Banking Corp., Ltd. provides banking products and services for individuals, small and micro-enterprises, corporate customers, government agencies, and financial institutions in the People's Republic of China. The company operates through Corporate Banking, Retail Banking, and Others segments.