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BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Sees Large Growth in Short Interest

BOC Hong Kong logo with Finance background

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 9,600 shares, an increase of 113.3% from the September 30th total of 4,500 shares. Based on an average trading volume of 11,000 shares, the days-to-cover ratio is presently 0.9 days.

BOC Hong Kong Price Performance

Shares of BHKLY traded up $0.08 during trading hours on Friday, reaching $67.03. 3,033 shares of the company's stock traded hands, compared to its average volume of 11,433. The business's fifty day simple moving average is $62.99 and its two-hundred day simple moving average is $61.62. BOC Hong Kong has a twelve month low of $46.28 and a twelve month high of $68.94.

BOC Hong Kong Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 4th. Stockholders of record on Monday, September 16th were paid a $1.4421 dividend. The ex-dividend date of this dividend was Monday, September 16th.

About BOC Hong Kong

(Get Free Report)

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.

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