Bank of China Limited (OTCMKTS:BACHY) Short Interest Update

Bank of China Limited (OTCMKTS:BACHY) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 61,400 shares, a drop of 11.8% from the November 30th total of 69,600 shares. Based on an average trading volume of 107,600 shares, the short-interest ratio is presently 0.6 days.

Bank of China Stock Down 1.5 %

OTCMKTS:BACHY traded down $0.19 during mid-day trading on Friday, reaching $12.64. The stock had a trading volume of 12,790 shares, compared to its average volume of 44,035. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market cap of $148.84 billion, a P/E ratio of 4.96 and a beta of 0.20. Bank of China has a fifty-two week low of $8.96 and a fifty-two week high of $13.02. The business’s 50 day moving average is $12.00 and its 200 day moving average is $11.65.

Bank of China Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, January 14th will be paid a $0.3231 dividend. The ex-dividend date of this dividend is Tuesday, January 14th. Bank of China’s payout ratio is 25.10%.

About Bank of China

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.