Bank of China Ltd. (OTCMKTS:BACHY) Short Interest Down 26.7% in October

Bank of China Ltd. (OTCMKTS:BACHY) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 8,500 shares, a decrease of 26.7% from the September 30th total of 11,600 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 181,700 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 181,700 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Bank of China Stock Performance

OTCMKTS BACHY opened at $14.15 on Monday. The business’s 50-day moving average price is $13.82 and its 200 day moving average price is $14.29. Bank of China has a 52-week low of $11.20 and a 52-week high of $15.56. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.01. The firm has a market cap of $166.62 billion, a P/E ratio of 5.51 and a beta of 0.18.

Bank of China (OTCMKTS:BACHY) last announced its quarterly earnings data on Friday, August 29th. The bank reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.01). The firm had revenue of $19.64 billion during the quarter, compared to analyst estimates of $140.98 billion. Bank of China had a net margin of 19.65% and a return on equity of 8.12%.

Bank of China Company Profile

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other.