Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Short Interest Down 37.5% in September

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) was the recipient of a large drop in short interest during the month of September. As of September 15th, there was short interest totalling 500 shares, a drop of 37.5% from the August 31st total of 800 shares. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 5.0 days.

Bank of Communications Price Performance

BCMXY stock remained flat at $16.51 during midday trading on Thursday. The firm has a market capitalization of $49.04 billion, a PE ratio of 4.16 and a beta of 0.04. The stock’s 50 day simple moving average is $18.14 and its 200-day simple moving average is $17.64. Bank of Communications has a twelve month low of $14.51 and a twelve month high of $20.31.

Bank of Communications (OTCMKTS:BCMXY) last announced its earnings results on Wednesday, August 28th. The bank reported $0.76 EPS for the quarter. Bank of Communications had a return on equity of 7.91% and a net margin of 15.46%. The company had revenue of $9.03 billion for the quarter.

Bank of Communications Company Profile

Bank of Communications Co, Ltd. provides commercial banking products and services. It offers personal deposit products including savings, and personal certificate and structured deposits; personal loan, consumption, housing, mortgage loan, commercial housing, and business loans; and debit and credit card services.