BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Update

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report) was the recipient of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 12,500 shares, a growth of 111.9% from the March 15th total of 5,900 shares. Based on an average trading volume of 9,900 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut shares of BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a research note on Tuesday, April 15th.

BOC Hong Kong Stock Performance

Shares of BHKLY traded down $0.72 on Monday, reaching $75.08. 10,475 shares of the stock traded hands, compared to its average volume of 7,734. The stock's 50-day moving average price is $74.81 and its 200-day moving average price is $68.35. BOC Hong Kong has a 12 month low of $55.74 and a 12 month high of $83.52.

About BOC Hong Kong

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.