Short Interest in Bank of China Limited (OTCMKTS:BACHY) Decreases By 38.6%

Bank of China Limited (OTCMKTS:BACHY - Get Free Report) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 14,000 shares, a drop of 38.6% from the October 15th total of 22,800 shares. Based on an average trading volume of 61,100 shares, the short-interest ratio is currently 0.2 days.

Bank of China Stock Performance

OTCMKTS BACHY traded up $0.10 on Wednesday, hitting $11.67. The stock had a trading volume of 33,727 shares, compared to its average volume of 44,308. The company's 50-day moving average is $11.72 and its two-hundred day moving average is $11.61. Bank of China has a one year low of $8.69 and a one year high of $13.02. The stock has a market cap of $137.42 billion, a price-to-earnings ratio of 4.54 and a beta of 0.20. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.01.

Bank of China (OTCMKTS:BACHY - Get Free Report) last issued its quarterly earnings results on Thursday, August 29th. The bank reported $0.62 EPS for the quarter. The company had revenue of $21.67 billion for the quarter. Bank of China had a return on equity of 7.81% and a net margin of 17.35%.

About Bank of China

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other.