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

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totalling 800 shares, a decline of 87.9% from the August 31st total of 6,600 shares. Based on an average daily volume of 13,800 shares, the short-interest ratio is currently 0.1 days.

BOC Hong Kong Price Performance

Shares of OTCMKTS:BHKLY traded up $1.45 during trading hours on Wednesday, hitting $64.01. The stock had a trading volume of 3,326 shares, compared to its average volume of 4,810. The stock’s fifty day simple moving average is $59.64 and its 200 day simple moving average is $60.07. BOC Hong Kong has a 1-year low of $46.28 and a 1-year high of $66.82.

BOC Hong Kong Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 4th. Shareholders of record on Monday, September 16th will be given a dividend of $1.4421 per share. The ex-dividend date of this dividend is Monday, September 16th.

About BOC Hong Kong

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.