Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Short Interest Update

by · The Markets Daily

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY – Get Free Report) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 39,900 shares, a growth of 27.1% from the December 15th total of 31,400 shares. Based on an average daily trading volume, of 86,300 shares, the short-interest ratio is currently 0.5 days.

Industrial and Commercial Bank of China Trading Down 0.6 %

Shares of OTCMKTS:IDCBY traded down $0.08 during trading on Friday, hitting $12.67. The company’s stock had a trading volume of 47,979 shares, compared to its average volume of 37,866. Industrial and Commercial Bank of China has a fifty-two week low of $9.00 and a fifty-two week high of $13.60. The stock’s 50-day moving average price is $12.40 and its two-hundred day moving average price is $11.87.

Industrial and Commercial Bank of China (OTCMKTS:IDCBY – Get Free Report) last released its earnings results on Wednesday, October 30th. The company reported $0.70 EPS for the quarter. The business had revenue of $27.53 billion for the quarter.

Industrial and Commercial Bank of China Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, February 7th. Investors of record on Friday, January 3rd will be paid a $0.3018 dividend. The ex-dividend date of this dividend is Friday, January 3rd.

Industrial and Commercial Bank of China Company Profile

(Get Free Report)

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People's Republic of China and internationally. The company operates through Corporate Banking, Personal Banking, and Treasury Operations segments. The Corporate Banking segment offers financial products and services to corporations, government agencies, and financial institutions.

Read More