Bank of China Ltd. (OTCMKTS:BACHY) Short Interest Update

by · The Cerbat Gem

Bank of China Ltd. (OTCMKTS:BACHYGet Free Report) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 2,107 shares, a decline of 94.3% from the November 30th total of 37,233 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 84,651 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 84,651 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Bank of China Price Performance

Bank of China stock traded up $0.02 during mid-day trading on Wednesday, reaching $14.20. 46,892 shares of the company were exchanged, compared to its average volume of 35,969. The firm has a market cap of $167.24 billion, a PE ratio of 5.52 and a beta of 0.11. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.84 and a quick ratio of 0.84. The company has a fifty day simple moving average of $14.48 and a 200-day simple moving average of $14.34. Bank of China has a 12 month low of $12.04 and a 12 month high of $15.56.

Bank of China Company Profile

(Get Free Report)

Bank of China (OTCMKTS: BACHY) is a major state-owned commercial bank headquartered in Beijing that provides a broad range of banking and financial services to corporate, institutional and retail clients. Founded in 1912, the bank has grown into one of China’s largest and longest-established banking institutions and is commonly grouped with the nation’s “Big Four” banks. Its core activities include deposit-taking, corporate and retail lending, trade finance, foreign exchange and treasury services, as well as cash management and payment services for domestic and cross-border clients.

In addition to traditional commercial banking, Bank of China offers investment banking and capital markets services, structured finance, asset management and wealth management solutions.

Further Reading