China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) Short Interest Update

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) was the recipient of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 1,672,110 shares, a decrease of 16.8% from the December 31st total of 2,010,159 shares. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is currently 836,055.0 days. Based on an average daily trading volume, of 2 shares, the days-to-cover ratio is currently 836,055.0 days.

China Minsheng Banking Stock Performance

China Minsheng Banking stock opened at $0.50 on Tuesday. The business has a 50-day moving average of $0.50 and a 200-day moving average of $0.51. China Minsheng Banking has a 1 year low of $0.46 and a 1 year high of $0.58.

China Minsheng Banking Company Profile

China Minsheng Banking Corp., Limited (OTCMKTS:CGMBF) is a Beijing-based joint-stock commercial bank offering a broad spectrum of banking and financial services. Established in January 1996, it was the first nationwide bank in China primarily funded by non-state-owned enterprises. The bank’s core operations include corporate banking solutions such as working capital loans, trade finance and project financing, alongside personal banking services including deposits, consumer lending, wealth management and credit card offerings.

In addition to its commercial banking activities, China Minsheng Banking maintains a comprehensive financial markets division providing foreign exchange, fixed-income products, derivatives trading and investment advisory services.