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Bank of China Limited (OTCMKTS:BACHY) Sees Large Growth in Short Interest

Bank of China logo with Finance background

Bank of China Limited (OTCMKTS:BACHY - Get Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 21,800 shares, a growth of 1,182.4% from the May 31st total of 1,700 shares. Based on an average daily trading volume, of 71,900 shares, the short-interest ratio is currently 0.3 days.

Bank of China Trading Down 0.8 %

Shares of Bank of China stock traded down $0.10 during trading on Thursday, reaching $12.04. 15,532 shares of the company were exchanged, compared to its average volume of 50,043. Bank of China has a twelve month low of $8.16 and a twelve month high of $13.02. The business has a 50-day moving average price of $11.77 and a 200-day moving average price of $10.42. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $141.78 billion, a price-to-earnings ratio of 4.70 and a beta of 0.21.

Bank of China (OTCMKTS:BACHY - Get Free Report) last posted its quarterly earnings data on Monday, April 29th. The bank reported $0.63 earnings per share for the quarter. The company had revenue of $22.49 billion during the quarter. Bank of China had a return on equity of 8.59% and a net margin of 19.67%.

Bank of China Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, August 20th. Stockholders of record on Tuesday, July 9th will be paid a dividend of $0.683 per share. The ex-dividend date of this dividend is Tuesday, July 9th.

About Bank of China

(Get Free Report)

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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