Bank of China Limited (OTCMKTS:BACHY) Short Interest Up 23.7% in July

Bank of China Limited (OTCMKTS:BACHY) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 19,300 shares, an increase of 23.7% from the June 30th total of 15,600 shares. Based on an average trading volume of 63,600 shares, the days-to-cover ratio is currently 0.3 days.

Bank of China Trading Down 0.9 %

BACHY traded down $0.10 on Friday, hitting $10.77. 48,162 shares of the company’s stock were exchanged, compared to its average volume of 27,727. The stock has a fifty day moving average of $11.81 and a two-hundred day moving average of $10.76. Bank of China has a twelve month low of $8.16 and a twelve month high of $13.02. The firm has a market cap of $126.82 billion, a PE ratio of 4.16 and a beta of 0.21.

Bank of China (OTCMKTS:BACHY) last announced its quarterly earnings results on Monday, April 29th. The bank reported $0.63 EPS for the quarter. The firm had revenue of $22.49 billion during the quarter.

Bank of China Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, August 20th. Shareholders of record on Tuesday, July 9th will be paid a $0.683 dividend. The ex-dividend date is Tuesday, July 9th.

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.