Short Interest in Bank of China Limited (OTCMKTS:BACHY) Grows By 235.3%

Bank of China Limited (OTCMKTS:BACHY) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 22,800 shares, an increase of 235.3% from the September 30th total of 6,800 shares. Based on an average daily volume of 167,300 shares, the short-interest ratio is presently 0.1 days.

Bank of China Stock Down 0.4 %

BACHY traded down $0.05 during trading on Friday, hitting $12.07. 14,929 shares of the company’s stock traded hands, compared to its average volume of 45,245. The company’s 50 day simple moving average is $11.56 and its two-hundred day simple moving average is $11.47. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01. Bank of China has a 12-month low of $8.64 and a 12-month high of $13.02. The stock has a market capitalization of $142.12 billion, a price-to-earnings ratio of 4.75 and a beta of 0.21.

Bank of China (OTCMKTS:BACHY) 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 return on equity of 7.78% and a net margin of 17.38%.

About Bank of China

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.