Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY) Sees Significant Increase in Short Interest

Industrial & Commercial Bank of China Ltd. ( OTCMKTS:IDCBY - Get Rating ) saw a significant growth in short interest in July. As of July 15th, there was short interest totalling 66,700 shares, a growth of 51.9% from the June 30th total of 43,900 shares. Based on an average trading volume of 315,000 shares, the short-interest ratio is presently 0.2 days. IDCBY stock traded down $0.01 during trading hours on Monday, hitting $10.50. The company's stock had a trading volume of 90,500 shares, compared to its average volume of 103,387. The stock has a 50 day moving average price of…