Bank of China Ltd. (OTCMKTS:BACHY – Get Free Report) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 22,106 shares, a growth of 222.6% from the August 31st total of 6,853 shares. Based on an average daily trading volume, of 84,222 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.
Bank of China Price Performance
Bank of China stock opened at $19.02 on Friday. The stock has a market cap of $245.07 billion, a price-to-earnings ratio of 7.29 and a beta of 0.08. The firm has a 50-day moving average of $17.85 and a two-hundred day moving average of $16.73. Bank of China has a 1 year low of $12.95 and a 1 year high of $19.65.
About Bank of China
Bank of China Limited is a state-owned commercial bank headquartered in Beijing and one of China’s major internationally active financial institutions. Founded in 1912, it has developed from a bank focused on international exchange and trade finance into a full-service commercial banking group serving individuals, businesses, institutions and governments.
The bank provides corporate banking, personal banking, payment and settlement services, wealth management, investment banking, financial-market services and trade finance.
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