Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Sees Significant Decrease in Short Interest – Watch List News

Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) was the recipient of a large decrease in short interest in October. As of October 29th, there was short interest totalling 18,900 shares, a decrease of 46.8% from the October 14th total of 35,500 shares. Based on an average daily volume of 276,100 shares, the short-interest ratio is presently 0.1 days. OTCMKTS:IDCBY traded down $0.03 on Friday, hitting $10.84. The company had a trading volume of 52,577 shares, compared to its average volume of 96,422. The stock has a market capitalization of $193.08 billion, a price-to-earnings ratio of 3.88 and a beta…