Short Interest in Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Grows By 16.7%

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) saw a large growth in short interest in November. As of November 30th, there was short interest totalling 700 shares, a growth of 16.7% from the November 15th total of 600 shares. Based on an average daily trading volume, of 400 shares, the short-interest ratio is presently 1.8 days.

Bank of Communications Stock Performance

Shares of OTCMKTS:BCMXY traded down $1.33 on Friday, hitting $18.00. 171 shares of the company were exchanged, compared to its average volume of 475. The firm has a market capitalization of $53.47 billion, a P/E ratio of 4.48 and a beta of -0.02. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.54. Bank of Communications has a 1-year low of $14.51 and a 1-year high of $20.31. The stock’s 50 day moving average price is $18.89 and its 200 day moving average price is $18.42.

About Bank of Communications

Bank of Communications Co, Ltd. provides commercial banking products and services in China. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing A; and foreign currency deposit.