Short Interest in Bank of Queensland Limited (OTCMKTS:BKQNY) Declines By 38.5%

Bank of Queensland Limited (OTCMKTS:BKQNY) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 241 shares, a decline of 38.5% from the June 30th total of 392 shares. Based on an average daily volume of 50 shares, the short-interest ratio is presently 4.8 days.

Bank of Queensland Stock Performance

Shares of BKQNY stock opened at $8.45 on Friday. The stock has a 50 day simple moving average of $8.57 and a 200 day simple moving average of $9.15. Bank of Queensland has a 1 year low of $8.22 and a 1 year high of $10.50.

Bank of Queensland Company Profile

Bank of Queensland Limited (OTCMKTS:BKQNY), commonly known as BOQ, is an Australian retail bank offering a broad range of personal, business and corporate banking services. Its core product suite includes home and personal lending, transactional and savings accounts, credit cards, and term deposits. Beyond traditional banking, BOQ provides wealth management and financial planning services, agribusiness and specialist lending, equipment finance solutions, and a variety of insurance products through subsidiary and partner channels.

Founded in 1874 as the Brisbane Permanent Benefit Building and Investment Society, the institution converted to a full commercial bank and adopted its current name in 1970.