Short Interest in Industrial and Commercial Bank of China Limited (OTCMKTS:IDCBY) Decreases By 18.5%


Source: wkrb13.com wkrb13.com

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Industrial and Commercial Bank of China Limited ( OTCMKTS:IDCBY – Get Rating ) was the target of a large drop in short interest in April. As of April 30th, there was short interest totalling 94,900 shares, a drop of 18.5% from the April 15th total of 116,400 shares. Based on an average daily volume of 141,500 shares, the short-interest ratio is presently 0.7 days. Shares of OTCMKTS:IDCBY traded up $0.10 during midday trading on Wednesday, reaching $11.67. 94,846 shares of the company’s stock traded hands, compared to its average volume of 83,861. The stock has a 50 day moving average...