Chiba Bank Ltd. (OTCMKTS:CHBAY) Short Interest Update
by Jessica Moore · The Cerbat GemChiba Bank Ltd. (OTCMKTS:CHBAY – Get Free Report) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totaling 29 shares, a decrease of 99.6% from the March 31st total of 8,076 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 699 shares, the days-to-cover ratio is presently 0.0 days.
Chiba Bank Price Performance
Shares of CHBAY remained flat at $69.31 during trading hours on Friday. The company had a trading volume of 50 shares, compared to its average volume of 732. The company has a market cap of $10.75 billion, a price-to-earnings ratio of 16.50 and a beta of 0.05. Chiba Bank has a one year low of $62.60 and a one year high of $70.75. The firm has a 50 day moving average price of $60.84 and a two-hundred day moving average price of $54.94.
Chiba Bank (OTCMKTS:CHBAY – Get Free Report) last posted its earnings results on Monday, February 2nd. The company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.07. The company had revenue of $721.38 million for the quarter, compared to the consensus estimate of $358.53 million. Chiba Bank had a return on equity of 7.53% and a net margin of 20.92%.
Chiba Bank Company Profile
Chiba Bank, Ltd. (OTCMKTS: CHBAY) is a regional commercial bank headquartered in Chiba City, Japan. Established in 1943, the bank offers a broad range of banking and financial services to individual, corporate and public sector clients. As one of the largest financial institutions in Chiba Prefecture, Chiba Bank plays a central role in supporting local economic activity and community development.
The bank’s core business activities include deposit-taking, lending, and trust services. Chiba Bank provides retail customers with savings accounts, fixed-term deposits, personal loans and mortgage financing.