Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY – Get Free Report) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 400 shares, a drop of 20.0% from the August 15th total of 500 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 0.7 days.
Postal Savings Bank of China Stock Down 0.2 %
Postal Savings Bank of China stock opened at $10.20 on Friday. The company has a fifty day simple moving average of $10.68 and a 200-day simple moving average of $10.81. Postal Savings Bank of China has a 12-month low of $8.60 and a 12-month high of $12.23.
Postal Savings Bank of China Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, August 22nd. Stockholders of record on Wednesday, July 3rd were given a dividend of $0.5788 per share. The ex-dividend date was 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.
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