Bank of China Limited (OTCMKTS:BACHY – Get Rating) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totalling 54,300 shares, an increase of 8.0% from the August 15th total of 50,300 shares. Based on an average daily trading volume, of 296,000 shares, the short-interest ratio is currently 0.2 days.
Bank of China Price Performance
Bank of China stock opened at $8.50 on Tuesday. The stock has a market cap of $100.09 billion, a price-to-earnings ratio of 3.09 and a beta of 0.30. Bank of China has a 1 year low of $8.39 and a 1 year high of $10.41. The firm has a 50-day moving average of $8.71 and a two-hundred day moving average of $9.35.
Bank of China Dividend Announcement
The business also recently disclosed a dividend, which was paid on Thursday, August 25th. Shareholders of record on Thursday, July 7th were given a $0.7319 dividend. The ex-dividend date was Wednesday, July 6th. This represents a yield of 7.36%. Bank of China’s dividend payout ratio (DPR) is 25.09%.
About Bank of China
Bank of China Limited, together with its subsidiaries, provides various banking and financial services. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other Operations. The Corporate Banking segment offers current accounts, deposits, overdrafts, loans, trade-related products and other credit facilities, foreign currency, derivatives, and wealth management products to corporate customers, government authorities, and financial institutions.
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