Short Interest in China Construction Bank Co. (OTCMKTS:CICHF) Rises By 74.5%

China Construction Bank Co. (OTCMKTS:CICHF) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 41,537,400 shares, a growth of 74.5% from the May 15th total of 23,803,500 shares. Based on an average daily trading volume, of 30,200 shares, the days-to-cover ratio is presently 1,375.4 days.

China Construction Bank Stock Up 2.1%

Shares of CICHF stock opened at $0.99 on Tuesday. The stock has a fifty day moving average price of $0.88 and a 200 day moving average price of $0.84. China Construction Bank has a 1 year low of $0.65 and a 1 year high of $1.02.

China Construction Bank Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Thursday, May 1st were given a $0.206 dividend. The ex-dividend date of this dividend was Wednesday, April 30th. This is a boost from China Construction Bank’s previous dividend of $0.20. China Construction Bank’s dividend payout ratio (DPR) is currently 32.95%.

China Construction Bank Company Profile

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.