China Minsheng (OTCMKTS:CMAKY – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 15,468 shares, a growth of 1,592.3% from the May 14th total of 914 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 3,481 shares, the days-to-cover ratio is presently 4.4 days.
China Minsheng Stock Performance
OTCMKTS CMAKY remained flat at $4.06 on Tuesday. 1,292 shares of the company’s stock were exchanged, compared to its average volume of 912. China Minsheng has a 52 week low of $4.06 and a 52 week high of $6.72. The company has a market capitalization of $17.78 billion, a PE ratio of 4.72 and a beta of 0.28. The business has a fifty day moving average price of $4.56 and a 200 day moving average price of $4.83.
China Minsheng (OTCMKTS:CMAKY – Get Free Report) last issued its quarterly earnings results on Monday, March 30th. The company reported $0.06 earnings per share for the quarter. China Minsheng had a net margin of 11.70% and a return on equity of 4.23%. The company had revenue of $4.03 billion during the quarter. As a group, sell-side analysts anticipate that China Minsheng will post 0.91 EPS for the current fiscal year.
China Minsheng Company Profile
China Minsheng Banking Corp., Ltd. (OTCMKTS: CMAKY) is a commercial bank that provides a broad range of banking and financial services to corporate and individual customers in the People’s Republic of China. The bank’s product suite encompasses corporate lending, small- and medium-sized enterprise (SME) finance, retail banking products such as deposits and consumer loans, as well as trade finance and cash-management services for businesses.
In addition to traditional lending and deposit-taking, China Minsheng offers treasury and capital markets services, wealth management and private banking solutions, and asset-management products.
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