Bank of China Limited (OTCMKTS:BACHY – Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 12,700 shares, a growth of 13.4% from the July 31st total of 11,200 shares. Based on an average trading volume of 56,000 shares, the days-to-cover ratio is currently 0.2 days.
Bank of China Trading Down 4.1 %
Bank of China stock opened at $11.22 on Friday. Bank of China has a twelve month low of $8.16 and a twelve month high of $13.02. The stock’s fifty day simple moving average is $11.31 and its 200-day simple moving average is $11.03. The firm has a market capitalization of $132.12 billion, a P/E ratio of 4.48 and a beta of 0.21.
Bank of China Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, August 20th. Stockholders of record on Tuesday, July 9th were given a dividend of $0.683 per share. The ex-dividend date of this dividend was 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.
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