Bank of China Limited (OTCMKTS:BACHY - Get Free Report) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 61,400 shares, a drop of 11.8% from the November 30th total of 69,600 shares. Based on an average trading volume of 107,600 shares, the short-interest ratio is presently 0.6 days.
Bank of China Trading Down 1.5 %
Shares of Bank of China stock traded down $0.19 during mid-day trading on Friday, hitting $12.64. 12,790 shares of the stock were exchanged, compared to its average volume of 44,035. The stock has a market capitalization of $148.84 billion, a price-to-earnings ratio of 4.96 and a beta of 0.20. Bank of China has a twelve month low of $8.96 and a twelve month high of $13.02. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01. The company has a 50-day simple moving average of $12.00 and a 200 day simple moving average of $11.65.
Bank of China Cuts Dividend
The company also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, January 14th will be given a dividend of $0.3231 per share. The ex-dividend date is Tuesday, January 14th. Bank of China's dividend payout ratio (DPR) is currently 25.10%.
About Bank of China
(
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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.
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