Bank of China Limited (OTCMKTS:BACHY) Sees Significant Increase in Short Interest

Bank of China Limited (OTCMKTS:BACHY - Get Free Report) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 22,800 shares, a growth of 235.3% from the September 30th total of 6,800 shares. Based on an average daily volume of 167,300 shares, the short-interest ratio is currently 0.1 days.

Bank of China Trading Down 0.4 %

Shares of OTCMKTS:BACHY traded down $0.05 during mid-day trading on Friday, reaching $12.07. 14,929 shares of the company were exchanged, compared to its average volume of 45,245. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.87 and a quick ratio of 0.87. The firm has a market cap of $142.12 billion, a price-to-earnings ratio of 4.75 and a beta of 0.21. The firm's 50-day simple moving average is $11.56 and its 200 day simple moving average is $11.47. Bank of China has a 1 year low of $8.64 and a 1 year high of $13.02.

Bank of China (OTCMKTS:BACHY - Get Free Report) last posted its quarterly earnings data on Thursday, August 29th. The bank reported $0.62 earnings per share for the quarter. The firm had revenue of $21.67 billion during the quarter. Bank of China had a net margin of 17.38% and a return on equity of 7.78%.

Bank of China Company Profile

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.