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

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) saw a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 1,581,514 shares, a growth of 38.0% from the January 29th total of 1,146,110 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

China Minsheng Banking Price Performance

OTCMKTS CGMBF opened at $0.50 on Wednesday. The company’s 50-day simple moving average is $0.50 and its two-hundred day simple moving average is $0.51. China Minsheng Banking has a one year low of $0.46 and a one 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.