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

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 8,700 shares, an increase of 11.5% from the May 31st total of 7,800 shares. Based on an average daily volume of 9,200 shares, the short-interest ratio is presently 0.9 days.

BOC Hong Kong Stock Performance

Shares of BOC Hong Kong stock opened at $61.76 on Monday. BOC Hong Kong has a twelve month low of $46.28 and a twelve month high of $66.82. The business has a 50-day moving average price of $62.96 and a 200 day moving average price of $56.16.

BOC Hong Kong Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, July 22nd. Shareholders of record on Wednesday, July 3rd will be paid a dividend of $2.904 per share. This is a positive change from BOC Hong Kong’s previous dividend of $1.32. The ex-dividend date is Tuesday, July 2nd.

BOC Hong Kong Company Profile

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.