Bank of China Limited (OTCMKTS:BACHY) Short Interest Update

Bank of China Limited (OTCMKTS:BACHY) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 21,800 shares, an increase of 1,182.4% from the May 31st total of 1,700 shares. Based on an average daily volume of 71,900 shares, the days-to-cover ratio is presently 0.3 days.

Bank of China Price Performance

BACHY opened at $12.23 on Friday. The stock has a fifty day simple moving average of $11.83 and a two-hundred day simple moving average of $10.45. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01. The company has a market cap of $144.01 billion, a price-to-earnings ratio of 4.69 and a beta of 0.21. Bank of China has a 12-month low of $8.16 and a 12-month high of $13.02.

Bank of China (OTCMKTS:BACHY) last released its earnings results on Monday, April 29th. The bank reported $0.63 EPS for the quarter. Bank of China had a return on equity of 8.59% and a net margin of 19.67%. The firm had revenue of $22.49 billion for the quarter.

Bank of China Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, August 20th. Stockholders of record on Tuesday, July 9th will be paid a $0.683 dividend. The ex-dividend date is Tuesday, July 9th.

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.