Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) Sees Large Growth in Short Interest

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 6,800 shares, a growth of 6,700.0% from the September 30th total of 100 shares. Based on an average trading volume of 4,500 shares, the short-interest ratio is presently 1.5 days. Based on an average trading volume of 4,500 shares, the short-interest ratio is presently 1.5 days.

Postal Savings Bank of China Stock Performance

Postal Savings Bank of China stock opened at $13.40 on Tuesday. The stock’s fifty day moving average price is $14.13 and its two-hundred day moving average price is $13.62. Postal Savings Bank of China has a one year low of $10.90 and a one year high of $14.95.

About Postal Savings Bank of China

Postal Savings Bank of China Co, Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People’s Republic of China. It offers demand, time, personal call, time/demand optional, call, negotiated, and foreign currency deposits, as well as passbooks and certificate of deposits; micro and personal pledged, and personal business loans; business easy mix, agriculture aid plus, domestic remittance and exchange, payment and collection agency, check, promissory notes, bank and commercial draft, remittance, consignment collection, and collection with acceptance settlement services; debit and credit cards; cross-border remittance, personal exchange settlement and sale, and foreign currency exchange and deposit services; personal housing, auto, car, consumer, and personal education loans; wealth management products and funds; and insurance agency services.