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

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totalling 2,400 shares, a growth of 2,300.0% from the June 15th total of 100 shares. Based on an average trading volume of 1,700 shares, the short-interest ratio is currently 1.4 days.

Postal Savings Bank of China Price Performance

Shares of OTCMKTS PSTVY remained flat at $10.41 during mid-day trading on Friday. 21 shares of the company were exchanged, compared to its average volume of 14,219. Postal Savings Bank of China has a fifty-two week low of $8.60 and a fifty-two week high of $12.23. The company has a fifty day moving average of $11.31 and a two-hundred day moving average of $10.49.

Postal Savings Bank of China Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, August 22nd. Stockholders of record on Wednesday, July 3rd will be paid a $0.5788 dividend. The ex-dividend date is Wednesday, July 3rd.

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.