Bank of Communications Co., Ltd. (OTCMKTS:BCMXY - Get Free Report) was the recipient of a large decrease in short interest during the month of January. As of January 31st, there was short interest totalling 1,000 shares, a decrease of 16.7% from the January 15th total of 1,200 shares. Based on an average daily volume of 700 shares, the days-to-cover ratio is currently 1.4 days.
Bank of Communications Price Performance
Shares of Bank of Communications stock remained flat at $21.00 during trading on Tuesday. The stock has a market cap of $62.38 billion, a price-to-earnings ratio of 5.22 and a beta of -0.05. The company's 50-day moving average is $20.15 and its 200-day moving average is $19.05. Bank of Communications has a 52-week low of $15.39 and a 52-week high of $21.30.
Bank of Communications Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, January 17th will be given a dividend of $0.4913 per share. The ex-dividend date is Friday, January 17th. Bank of Communications's dividend payout ratio (DPR) is presently 24.38%.
About Bank of Communications
(
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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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