Bank of China Ltd. (OTCMKTS:BACHY – Get Free Report) saw a significant drop in short interest in August. As of August 31st, there was short interest totaling 6,853 shares, a drop of 60.1% from the August 15th total of 17,167 shares. Based on an average daily trading volume, of 83,487 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.
Bank of China Stock Performance
Shares of OTCMKTS BACHY opened at $19.37 on Tuesday. The firm has a market cap of $249.65 billion, a price-to-earnings ratio of 7.42 and a beta of 0.08. The business’s 50-day simple moving average is $17.31 and its 200-day simple moving average is $16.45. Bank of China has a 52 week low of $12.95 and a 52 week high of $19.60.
About Bank of China
Bank of China Limited is a state-owned commercial bank headquartered in Beijing and one of China’s major internationally active financial institutions. Founded in 1912, it has developed from a bank focused on international exchange and trade finance into a full-service commercial banking group serving individuals, businesses, institutions and governments.
The bank provides corporate banking, personal banking, payment and settlement services, wealth management, investment banking, financial-market services and trade finance.
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