Industrial & Commercial Bank of China Ltd. (OTCMKTS:IDCBY) Brief Interest Update


Industrial and Commercial Bank of China Ltd. (OTCMKTS: IDCBYGet a rating) was the target of strong short-term interest growth in July. As of July 15, there were short interests totaling 66,700 shares, a growth of 51.9% from the total of 43,900 shares as of June 30. Based on an average daily volume of 315,000 shares, the short interest ratio is currently 0.2 days.

Performance of shares of Industrial and Commercial Bank of China Ltd.

Shares of IDCBY opened at $10.44 on Tuesday. The stock’s 50-day simple moving average is $11.18 and its 200-day simple moving average is $11.68. The stock has a market capitalization of $186.12 billion, a price-earnings ratio of 3.55 and a beta of 0.25. Industrial & Commercial Bank of China Ltd. has a 52-week low of $9.84 and a 52-week high of $12.73.

Industrial & Commercial Bank of China Ltd. announces a dividend

The company also recently announced a dividend, which will be paid on Thursday, August 11. Investors of record on Monday, July 4 will receive a dividend of $0.7392 per share. The ex-dividend date is Friday, July 1. This represents a yield of 6.2%. The dividend payout ratio (DPR) of Industrial & Commercial Bank of China Ltd. is 25.17%.

Company Profile Industrial & Commercial Bank of China Ltd.

(Get a rating)

Industrial and Commercial Bank of China Limited, together with its subsidiaries, provides banking products and services in the People’s Republic of China and overseas. It operates through Corporate Banking, Personal Banking and Treasury Operations segments. The Corporate Banking segment offers financial products and services to businesses, government agencies and financial institutions.

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