Bank of Communications Co. (OTCMKTS:BCMXY) Short Interest Up 57.3% in August

Bank of Communications Co. (OTCMKTS:BCMXY) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 824 shares, a growth of 57.3% from the July 30th total of 524 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 184 shares, the short-interest ratio is currently 4.5 days.

Bank of Communications Stock Performance

Shares of OTCMKTS:BCMXY opened at $24.25 on Wednesday. Bank of Communications has a 1 year low of $19.89 and a 1 year high of $26.05. The stock has a market capitalization of $72.04 billion, a price-to-earnings ratio of 6.63 and a beta of -0.03. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.94 and a quick ratio of 0.94. The company’s 50 day simple moving average is $22.35 and its 200 day simple moving average is $22.00.

About Bank of Communications

Bank of Communications Co, Ltd. (OTCMKTS: BCMXY) is a major Chinese commercial bank that provides a broad range of banking and financial services to individual, corporate and institutional clients. Founded in the early 20th century, the bank has grown into one of China’s large, systemically important banks and plays a significant role in supporting domestic economic activity, trade and finance. It combines traditional commercial banking functions with modern financial services across multiple customer segments.

The company’s core businesses include retail banking, corporate and investment banking, treasury and financial markets operations, and wealth and asset management.