Bank of China Limited (OTCMKTS:BACHY – Get Free Report) was the target of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 43,400 shares, a growth of 210.0% from the October 31st total of 14,000 shares. Based on an average daily volume of 58,800 shares, the days-to-cover ratio is presently 0.7 days.
Bank of China Price Performance
Shares of BACHY stock traded down $0.18 on Wednesday, reaching $11.55. The company had a trading volume of 42,072 shares, compared to its average volume of 30,474. The stock has a market capitalization of $136.01 billion, a PE ratio of 4.60 and a beta of 0.20. Bank of China has a one year low of $8.69 and a one year high of $13.02. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.01. The business’s 50-day moving average is $11.90 and its 200 day moving average is $11.63.
Bank of China (OTCMKTS:BACHY – Get Free Report) last released its quarterly earnings results on Thursday, August 29th. The bank reported $0.62 earnings per share for the quarter. The firm had revenue of $21.67 billion for the quarter. Bank of China had a net margin of 17.35% and a return on equity of 7.81%.
Bank of China Company Profile
Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other.
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