News Snapshot:
China Vanke Co., Ltd. ( OTCMKTS:CHVKF – Get Rating ) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totalling 3,931,500 shares, an increase of 70.4% from the April 15th total of 2,307,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 39,315.0 days. Separately, JPMorgan Chase & Co. upgraded China Vanke from a “neutral” rating to an “overweight” rating in a research report on Friday, April 8th.
