Short Interest in Bank of China Limited (OTCMKTS:BACHY) Grows By 210.0%

Bank of China Limited (OTCMKTS:BACHY) was the target of a large growth in short interest in 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 trading volume of 58,800 shares, the short-interest ratio is currently 0.7 days.

Bank of China Stock Up 0.3 %

Shares of OTCMKTS BACHY traded up $0.03 during midday trading on Friday, hitting $11.58. 31,625 shares of the company’s stock were exchanged, compared to its average volume of 32,502. The company has a market cap of $136.36 billion, a PE ratio of 4.54 and a beta of 0.20. The firm’s fifty day simple moving average is $11.92 and its 200-day simple moving average is $11.63. Bank of China has a twelve month low of $8.69 and a twelve month high of $13.02. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.87 and a quick ratio of 0.87.

Bank of China (OTCMKTS:BACHY) last issued its quarterly earnings results on Thursday, August 29th. The bank reported $0.62 EPS for the quarter. The firm had revenue of $21.67 billion during the quarter. Bank of China had a return on equity of 7.81% and a net margin of 17.35%.

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.