Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) Short Interest Up 50.0% in July

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totalling 300 shares, an increase of 50.0% from the June 30th total of 200 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 0.6 days.

Bank of Communications Stock Performance

Shares of BCMXY stock remained flat at $17.83 on Friday. 3 shares of the stock traded hands, compared to its average volume of 139. The firm has a market cap of $52.96 billion, a price-to-earnings ratio of 4.36 and a beta of 0.05. The company has a fifty day simple moving average of $18.44 and a two-hundred day simple moving average of $16.81. Bank of Communications has a one year low of $13.86 and a one year high of $20.31.

Bank of Communications (OTCMKTS:BCMXY) last issued its quarterly earnings data on Friday, April 26th. The bank reported $1.19 earnings per share (EPS) for the quarter. The business had revenue of $9.39 billion during the quarter.

Bank of Communications Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, August 15th. Stockholders of record on Wednesday, July 3rd will be issued a $1.0945 dividend. The ex-dividend date is Wednesday, July 3rd.

About Bank of Communications

Bank of Communications Co, Ltd. provides commercial banking products and services. It offers personal deposit products including savings, and personal certificate and structured deposits; personal loan, consumption, housing, mortgage loan, commercial housing, and business loans; and debit and credit card services.