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

China Minsheng Banking Corp., Ltd. (OTCMKTS:CGMBF) was the recipient of a large decrease in short interest in January. As of January 30th, there was short interest totaling 1,146,110 shares, a decrease of 31.5% from the January 15th total of 1,672,110 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

China Minsheng Banking Stock Performance

Shares of CGMBF stock opened at $0.50 on Friday. The firm has a 50-day moving average of $0.50 and a 200-day moving average of $0.51. China Minsheng Banking has a one year low of $0.46 and a one year high of $0.58.

About China Minsheng Banking

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.