BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) Short Interest Down 89.0% in April

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY) was the recipient of a significant drop in short interest in April. As of April 15th, there was short interest totalling 8,500 shares, a drop of 89.0% from the March 31st total of 77,500 shares. Based on an average daily volume of 22,200 shares, the days-to-cover ratio is currently 0.4 days.

BOC Hong Kong Stock Performance

Shares of BHKLY stock traded down $0.02 during mid-day trading on Friday, reaching $60.81. 7,020 shares of the stock traded hands, compared to its average volume of 19,605. The stock’s fifty day simple moving average is $55.44 and its two-hundred day simple moving average is $53.16. BOC Hong Kong has a 1-year low of $46.28 and a 1-year high of $63.61.

About BOC Hong Kong

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.