Short Interest in Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Drops By 26.6%


Source: tickerreport.com tickerreport.com

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Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) saw a large decline in short interest during the month of January. As of January 29th, there was short interest totalling 71,400 shares, a decline of 26.6% from the January 14th total of 97,300 shares. Based on an average daily trading volume, of 106,500 shares, the short-interest ratio is currently 0.7 days. OTCMKTS IDCBY traded up $0.09 during trading on Wednesday, reaching $13.02. 69,433 shares of the company’s stock were exchanged, compared to its average volume of 90,698. The stock has a market cap of $232.02 billion, a P/E ratio of 5.76...