Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Short Interest Update

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) was the target of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,000 shares, a growth of 42.9% from the December 15th total of 700 shares. Based on an average daily trading volume, of 200 shares, the short-interest ratio is presently 5.0 days.

Bank of Communications Stock Performance

Shares of OTCMKTS:BCMXY remained flat at $20.00 during midday trading on Friday. The stock had a trading volume of 56 shares, compared to its average volume of 104. Bank of Communications has a 1-year low of $15.39 and a 1-year high of $20.31. The business has a 50 day moving average of $19.35 and a two-hundred day moving average of $18.62. The company has a market cap of $59.41 billion, a PE ratio of 4.98 and a beta of -0.05.

Bank of Communications Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, January 17th will be paid a $0.4913 dividend. The ex-dividend date of this dividend is Friday, January 17th. Bank of Communications’s payout ratio is presently 27.61%.

About Bank of Communications

Bank of Communications Co, Ltd. provides commercial banking products and services in China. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing A; and foreign currency deposit.