Bank of Communications Co., Ltd. (OTCMKTS:BKFCF) Shares Shorted: Short Interest Down 52.7% in October

Bank of Communications Co., Ltd. (OTCMKTS:BKFCF) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 802,543 shares, a decline of 52.7% from the October 15th total of 1,697,543 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Bank of Communications Stock Performance

OTCMKTS BKFCF remained flat at $1.09 on Friday. Bank of Communications has a 12-month low of $0.92 and a 12-month high of $1.09. The business has a 50 day moving average of $1.05 and a two-hundred day moving average of $0.94.

About Bank of Communications

Bank of Communications is a Chinese commercial bank that provides financial services to individuals, businesses and public-sector customers. Its offerings include deposits, loans, payments, wealth management, foreign-exchange services and corporate banking. Founded in 1908, the bank is headquartered in Shanghai and is among China’s longstanding banking institutions. It serves customers throughout mainland China and has an international presence, including operations in Hong Kong and other overseas markets.