Short Interest in Bank of China Limited (OTCMKTS:BACHY) Drops By 86.9%

Bank of China Limited (OTCMKTS:BACHY) was the recipient of a large decrease in short interest in the month of April. As of April 15th, there was short interest totalling 1,800 shares, a decrease of 86.9% from the March 31st total of 13,700 shares. Based on an average daily volume of 62,800 shares, the short-interest ratio is presently 0.0 days.

Bank of China Stock Performance

OTCMKTS:BACHY traded down $0.08 during trading hours on Friday, reaching $10.98. 7,833 shares of the company’s stock were exchanged, compared to its average volume of 50,150. The firm has a market capitalization of $129.25 billion, a price-to-earnings ratio of 4.22 and a beta of 0.27. The company has a 50-day moving average of $10.19 and a 200 day moving average of $9.50. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.01. Bank of China has a 1-year low of $8.16 and a 1-year high of $11.44.

About Bank of China

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.