Short Interest in Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) Rises By 66.7%

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 500 shares, an increase of 66.7% from the February 28th total of 300 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 0.2 days.

Postal Savings Bank of China Trading Down 2.8 %

Shares of OTCMKTS PSTVY traded down $0.37 during mid-day trading on Monday, reaching $13.02. The company had a trading volume of 3,737 shares, compared to its average volume of 1,793. Postal Savings Bank of China has a twelve month low of $9.69 and a twelve month high of $14.20. The stock’s 50 day moving average is $12.50 and its 200-day moving average is $11.90.

About Postal Savings Bank of China

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.