Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) Sees Large Drop in Short Interest

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 2,000 shares, a decline of 86.9% from the January 15th total of 15,300 shares. Based on an average daily volume of 2,100 shares, the days-to-cover ratio is currently 1.0 days.

Postal Savings Bank of China Price Performance

PSTVY stock opened at $11.83 on Friday. Postal Savings Bank of China has a 12 month low of $9.69 and a 12 month high of $12.66. The firm has a 50 day simple moving average of $11.65 and a 200 day simple moving average of $11.41.

Postal Savings Bank of China Company Profile

Postal Savings Bank of China Co, Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People’s Republic of China. It offers demand, time, personal call, time/demand optional, call, negotiated, and foreign currency deposits, as well as passbooks and certificate of deposits; micro and personal pledged, and personal business loans; business easy mix, agriculture aid plus, domestic remittance and exchange, payment and collection agency, check, promissory notes, bank and commercial draft, remittance, consignment collection, and collection with acceptance settlement services; debit and credit cards; cross-border remittance, personal exchange settlement and sale, and foreign currency exchange and deposit services; personal housing, auto, car, consumer, and personal education loans; wealth management products and funds; and insurance agency services.