Bank of Communications Co., Ltd. (OTCMKTS:BCMXY - Get Free Report) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 400 shares, a decline of 20.0% from the March 15th total of 500 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is currently 4.0 days. Currently, 0.0% of the shares of the company are short sold.
Bank of Communications Trading Down 10.4 %
Shares of BCMXY traded down $2.32 during mid-day trading on Thursday, hitting $20.05. 373 shares of the company's stock were exchanged, compared to its average volume of 378. Bank of Communications has a fifty-two week low of $15.39 and a fifty-two week high of $23.70. The business's 50 day moving average is $21.59 and its two-hundred day moving average is $20.24. The firm has a market capitalization of $59.56 billion, a P/E ratio of 4.99 and a beta of -0.14.
Bank of Communications Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, May 15th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.5408 per share. This represents a yield of 10.09%. This is a boost from Bank of Communications's previous dividend of $0.49. The ex-dividend date of this dividend is Monday, April 14th. Bank of Communications's dividend payout ratio (DPR) is presently 26.73%.
About Bank of Communications
(
Get Free Report)
Bank of Communications Co, Ltd. provides commercial banking products and services in China. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing A; and foreign currency deposit.
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