Bank of China Limited (OTCMKTS:BACHY – Get Free Report) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totalling 11,100 shares, an increase of 909.1% from the August 31st total of 1,100 shares. Based on an average trading volume of 45,300 shares, the days-to-cover ratio is currently 0.2 days.
Bank of China Stock Up 3.8 %
Shares of BACHY opened at $12.54 on Friday. Bank of China has a 12-month low of $8.40 and a 12-month high of $13.02. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $147.66 billion, a PE ratio of 4.47 and a beta of 0.21. The business’s 50 day moving average is $11.03 and its 200 day moving average is $11.21.
Bank of China (OTCMKTS:BACHY – Get Free Report) last released its earnings results on Thursday, August 29th. The bank reported $0.62 EPS for the quarter. The firm had revenue of $21.67 billion for the quarter. Bank of China had a net margin of 17.38% and a return on equity of 7.78%.
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.
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